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Jorge Miguel

Update on Jorge Miguel

Jorge is single and has a son who lives with his mother. Jorge continues with his commercial activity selling mobile phone credit cards at retail in the Cochabamba central market and from place to place in Sacaba. He does very well with this activity. He relates that he did very well with the last loan which is why he’s now asking for another one to continue buying mobile phone credit cards at wholesale to resell. He feels grateful for this opportunity he’s being given because it’s the only activity he has that makes it possible for him to support his son.
View original language description ↓
El joven Jorge es soltero y tiene un hijo el cual vive con su mama, El Joven Jorge sigue con la actividad del comercio de tarjetas de crédito para celular al por menor el vende en el mercado central de Cochabamba y de la localidad de Sacaba, en forma ambulante, actividad donde le va muy bien, cuenta que le fue muy bien con el credito por este motivo en esta ocacion solicita para seguir comprando tarjetas para creditos de celular al por mayor para poder vender, se siente agradecido por esta oprtunidad que le brindan ya que esta es su unica actividad que le permite mantener a su hijo.

Previous Loan Details

Jorge, 23, is single and has a two-year-old son who lives with his mother and father in the Oroncota zone. Jorge sells mobile phone cards in Cochabamba’s central market and in Sacaba and as a street vendor. He does very well in this activity. Since he does not have a fixed stand, in the long run… More from Jorge Miguel'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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $825 helped Jorge Miguel to buy mobile phone recharge cards.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 24, 2012
This photo was used before for a previous loan for Jorge Miguel. It was first posted on Kiva on Jan, 2012. Learn More