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Hugo Julian

Update on Hugo Julian

Hugo continues making lead art. He says that things went really well for him with the previous loan which he used for making art. Now he is asking for this loan to buy lead to make miniature art, now that the traditional seasonal fairs are approaching and this is where he exhibits and sells his art.
View original language description ↓
El Sr. Hugo sigue con la misma actividad de la fabricación de artesanía de plomo, cuenta que le fue muy bien con el crédito ya que lo utilizo en fabricación de artesanía, ahora en esta ocasión solicita el crédito para la compra de plomo para realizar artesanía en miniatura ya que se acerca la feria de las alasitas tradicionales en esta época y es ahí donde expone y vende su arte.

Previous Loan Details

Hugo is 52 years old, married, and has two children who are 25 and 31 years old. Hugo is an artist who makes miniature figurines from lead. He has been doing this work for many years and his workshop is located in his home. This loan is his fifth with Emprender. Hugo will use this loan to increas... More from Hugo Julian'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
  • 165
    View loans »
    Bolivia Loans Fundraising
  • $33,464,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Hugo Julian to buy lead to make art.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Feb 1, 2013
Currency Exchange Loss:
Dec 21, 2013
This photo was used before for a previous loan for Hugo Julian. It was first posted on Kiva on Apr, 2012. Learn More