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Carlos

Update on Carlos

Carlos continues with the same job as an electrician, a trade he learned from his father and has done for more than 30 years. His two sons also carry out the same work. Carlos continues working for a construction company in the center of town. He says it went very well for him with the previous loan because he used it to buy supplies.

This time he's requesting the loan to buy tools and to continue buying electrical supplies such as cables of all sizes and sockets. These will be very useful to him in his work.
View original language description ↓
El señor Carlos sigue con el mismo oficio el de técnico electricista el aprendió el oficio de su padre al igual que sus dos hijos desarrolla la misma actividad hace mas de treinta años, Carlos sigue trabajando con una empresa constructora en el centro de la ciudad, cuenta que le fue muy bien con elanterior credito ya que lo utilizo en la compra de material, en esta ocacion solicita el crédito para la compra de herramientas y tambien para seguir comprando material eléctrico como ser cables de toda medida y enchufes, ya que esto le sera de gran utilidad en su trabajo.

Previous Loan Details

Sr. Carlos is a new client who came on the recommendation of his father, a longtime client of Emprender. Carlos is an electrician and learned the trade from his father. In addition, Carlos’ brother is also in the same line of work and all of them have been in this trade for more than 30 years. ... More from Carlos'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

  • $5,500
    Average annual income
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Carlos to buy tools and electrical supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Carlos. It was first posted on Kiva on Sep, 2011. Learn More