Update on Andres LuisAndrés 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.
Previous Loan DetailsAndrés 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 »
About EmprenderEmprender 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.
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Success!! The loan was 100% repaid