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Andres Luis

Update on Andres Luis

Andrés is 41 years old. He is dedicated to lending amplification and light kit service, brightening up all kinds of events like baptisms, weddings, quinceaneras. He is the father of his family. He has three daughters who are school age. They live in the area of Santa Rosa. His work has been lending light and sound service for more than 14 years. His is an old customer. With the money from the loan, he will buy two pieces of amplification equipment to improve his service. Andres feels very thankful for the opportunity provided to him to grow in his business since with the previous loan, he did well equipping the amplification and generating more income for the wellbeing of his family.
View original language description ↓
El Sr. Andrés tiene 41 años, se dedica a prestar servicio de amplificación y juego de luces, amenizando todo tipo de acontecimientos ya sea bautizos matrimonios, fiestas de quince años, es padre de familia, tiene tres hijas que se encuentran en edad escolar, vive en la zona Santa Rosa, su actividad económica es de prestar servicio de luces y sonido por más de 14 años, es un cliente antiguo, con el dinero del crédito comprara dos equipos para su amplificación, para mejorar el servicio, el Sr. Andrés se siente muy agradecido por la oportunidad que se le brinda para crecer en su negocio ya que con el anterior crédito le fue muy bien sigue equipando su amplificación y de esta manera genera más ingresos para el bienestar de su familia.

Previous Loan Details

Andrés hires out amplifiers and supplies lighting to provide entertainment for all types of events from baptisms and weddings to 15th birthday parties. He is 40 years of age, a father to three school-aged daughters and lives in the Santa Rosa area. Andrés has provided a sound and lighting ser... More from Andres Luis'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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Andres Luis to buy two pieces of amplification equipment.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014