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Ronald

Update on Ronald

Ronald continues with the same activity selling glass in his strategically located glazier shop. He relates that he did very well with his previous loan since he used it to expand the business. On this occasion, he’s requesting the loan to buy a variety of glass to stock his business since he wants to offer a good variety of products to his customers.
View original language description ↓
El Sr. Ronald sigue con la misma actividad de la venta de vidrios en su vidriería que se encuentra en un lugar estratégico, cuenta que le fue muy bien con el crédito ya que lo utilizo en la ampliación de de su negocio, ahora en esta ocasión solicita el crédito para la compra de variedad de vidrios para surtir su negocio, ya que desea brindar variedad de productos a su clientela.

Previous Loan Details

Ronald, age 32, has an 11 year old son. He lives in El Torno. He has been a glassmaker for a long time. He sells glass for windows, doors, and lamps. His business is in the La Guardia municipality. His wife helps him with his glass business. He will use the loan to buy material to expand ... More from Ronald'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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Ronald to buy glass at wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2012
Listed
Jan 10, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Ronald. It was first posted on Kiva on Jun, 2012. Learn More