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Gerardo

Update on Gerardo

Gerardo is 34 years old. He lives in Belén, 30 kilometers from Santa Rita. He is married to Martina and has 5 school-age children. Garardo is a farmer and his children help him tending to the agriculture and planting of potatoes, corn, cassava, and they have banana trees. With the money from the loan they will buy seeds for growing their products such as corn and also to use in the preparation of the land for planting, as the previous loan went very well.

Gerardo was bone in Chuquisaca. Its been 11 years since he came from Chuquisaca because they were able to get a parcel of land in Santa Cruz, as they came looking for a better future for himself and his family. He is a hardworking person and grateful with the institution for the help provided.
View original language description ↓
El señor Gerardo tiene 34 años, vive en Belén a 30 Km de Santa Rita. Está casado con la Sra. Martina y tiene 5 hijos que se encuentran en edad escolar, el Sr. Gerardo es agricultor y sus hijos también le ayudan se dedican a la agricultura y siembra de papa, maíz, yuca y tienen plantas de guineo con el dinero del crédito comprara semillas para la siembra de sus productos como maiz y también lo utilizara en lo que es el preparado de la tierra para la siembra, ya que con el anterior credito le fue muy bien. Él Sr. Gerardo nació en Chuquisaca, hace 11 años que él vino de Chuquisaca porque lograron conseguir una parcela en Santa Cruz, ya que se vinieron buscando un mejor futuro para el y su familia, es una persona muy trabajadora agradecido con la institución por el apoyo brindado.

Previous Loan Details

Gerardo lives in Belén, 30 kilometers from Santa Rita. He’s married to Martina and has five children who are school aged. Gerardo’s a farmer and his children also help him to farm. They farm potato, corn and manioc and also have plantain plants. He will use the money from the loan to buy se... More from Gerardo'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
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Gerardo to clear the fields and plant corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Gerardo. It was first posted on Kiva on Jun, 2011. Learn More