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Cesar  Augusto

Update on Cesar Augusto

Cesar is 34 years old. He is not married but he has two children, aged 8 and 4. He has been a client for a while, and before what a member of the Raza de Bronce communal bank. He is a punctual client with his payments, so there was no doubt about giving him another loan. He sells food in a restaurant he owns in the Villa Victoria area of La Paz. The loan will be used to open another business, which is an internet cafe. He wants to buy some equipment for that business and also strengthen his business selling food. Cesar is a very hardworking person who is happy with the opportunity being offered to him.
View original language description ↓
El señor Cesar tiene 34 años no es casado pero tiene dos hijos de las edades de 8 y 4 años, es un cliente antiguo antes era socio del grupo solidario raza de bronce, es un cliente puntual en sus pagos por tal motivo no se dudo en darle otro crédito. El cliente se dedica a la venta de comida en una pensión que es de su propiedad en la zona Villa Victoria de la ciudad de La Paz. El crédito se destinara en la implementación de otro negocio que es el de poner un café internet y desea comprar equipos para este negocio pero también seguir fortaleciendo su negocio que es la venta de comidas, el Sr. Cesar es un apersona muy trabajadora se siente feliz y agradecido por esta oportunidad que le brindan.

Previous Loan Details

Mr. Cesar is a long term client, who was previously a member of the 'Raza de Bronce' solidarity group. He is a client who is punctual with his repayments, therefore there has been no hesitation in giving him another loan. Cesar sells food in a small cafe, which is his own property located in the… More from Cesar Augusto's previous loan »

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Cesar Augusto to open another internet cafe business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
May 17, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Cesar Augusto. It was first posted on Kiva on Aug, 2011. Learn More