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Lelis

Update on Lelis

Lelis has been a longstanding client of the institution since 2007.

He is 38 years old and is married with four school-aged children. He is a carpenter.

Lelis and his wife have been working as carpenters for over 25 years. He is excellent at the work he does. They make all kinds of furniture.

With the money from this loan he would like to buy raw materials (sheets and chipboards) for furniture production. The previous loan helped him a lot to grow his business and he is grateful to the institution for the support provided.
View original language description ↓
El señor Lelis es cliente antiguo de la institución desde el año 2007,el tiene 38 años, casado con cuatro hijos que se encuentran en edad escolar, el es carpintero, el señor Lelis y su esposa trabajan como carpinteros desde hace mas de 25 años, es excelente en el trabajo que realiza, elaboran todo tipo de muebles, con el dinero del crédito comprara Materia Prima (Laminas – Aglomerado) para la fabricación de muebles, con el anterior crédito le fue muy bien creció en su activad y se siente agradecido con la institución por el apoyo brindado.

Previous Loan Details

Lelis has been a longstanding client of the institution since 2007. He’s a carpenter. He’s married and his family is composed of four children, three of them are school aged and one is a four-year-old. Lelis and his wife have worked as carpenters for over 25 years. He is excellent in the wo... More from Lelis'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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lelis to buy raw materials (sheets and chipboards).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Lelis. It was first posted on Kiva on Nov, 2011. Learn More