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Juan Santiago

Update on Juan Santiago

Juan continues to work in the same field, sand blasting. Things went well for him with the previous loan and he bought land so he’s happy. Now he’s asking for a loan to buy tools to do his work in a more efficient manner. His current tools are worn out and this affects his ability to do good work.
View original language description ↓
El Sr. Juan sigue con la misma actividad del lavado de arena le fue bien con el anterior credito cuenta que compro el terreno se siente feliz, ahora solicita el credito para la compra de herramientas para realizar su trabajo de mejor manera ya que estan muy gastadas y esto afecta ya que no le permite realizar un buen trabajo.

Previous Loan Details

Sr. Juan lives with his wife, Sra. María, in the District of Chinchaya which is located 40 minutes away from the central part of the city. This area is well-known for being a warm place that has several rivers where residents such as Sr. Juan can wash sand and stones. He was born in the town of... More from Juan Santiago'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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Juan Santiago to buy tools.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Juan Santiago. It was first posted on Kiva on Oct, 2011. Learn More