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Wilson

Update on Wilson

Wilson is 44 years old and has three children, ages 15, 11, and 2. He runs a business renting amplification services. He works on the weekends or when he has a contract. This is the main source of income for he and his family. His children are still in school. His wife also helps with the household expenses with small sales of specific seasonal products. The loan will be used to purchase sound equipment and accessories, thus allowing him to improve his income and consolidate his business, since he has a lot of work in these dates. Wilson is young and hard-working with a great desire to succeed. He wants to offer his children a better future. This job is very tiring since he rents his services to specific social events such as baptisms, weddings, graduations, and many of these events end in the early morning. Wilson is used to staying up very late on many occassions, since this is his job and he has to continue working hard. He feels grateful for the opportunity that the organization is offering him to improve his business each day.
View original language description ↓
El señor Wilson tiene 44 años y tres hijos de las edades de 15, 11 y 2 años, su actividad es el alquiler de servicio de amplificación, esta actividad la realiza los fines de semana o cuando tiene contratos esta actividad es su principal fuente de ingreso para el y su familia sus hijos se encuentran estudiando, la esposa también ayuda en los gastos del hogar con pequeñas ventas de temporada de distintos productos, el destino del crédito es para la compra de equipos y accesorios de sonido , logrando de esta manera mejorar sus ingresos y poder consolidarse en su actividad, ya que por estas fechas tiene mucho trabajo, el Sr. Wilson es joven y trabajador con muchos deseos de superación quiere brindarles a sus hijos un futuro mejor este trabajo es muy cansador ya que alquila sus servicios a distintos acontecimientos sociales, ya sean bautizos matrimonios, graduación y prestes y muchos de estos acontecimientos terminan en la madrugada, y el Sr. Wilson tiene nomas que trasnocharse en muchas ocasiones, como es su trabajo tiene que salir adelante trabajando duro, se siente agradecido por la oportunidad que le brinda la institución en mejorar cada día su actividad.

Previous Loan Details

Mr. Wilson runs an amplifier hire business which he conducts on weekends and when he has a specific contract. This is the main source of income for his family which is comprised of his wife and three children, ages 15 and 10, in school, and a one-year old. His wife also helps with the househol... More from Wilson'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
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $28,957,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Wilson to purchase sound equipment and accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Wilson. It was first posted on Kiva on Dec, 2011. Learn More