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Juan

Update on Juan

Señor Juan's primary activity is making dairy products. Every day he buys 50 liters of milk and his own dairy cows produce 20 liters of milk. His laboratory is in his home, located right on the route to Copacabana. He lives with his wife who is in charge of selling yogurt. This activity is their main source of income.

Right now, they are asking for a loan to buy another purebred dairy cow in order to have more milk and thus increase their income. With the previous loan he bought one and it improved production, therefore increasing their income.
View original language description ↓
El señor Juan tiene como actividad principal la elaboración de derivados lácteos, diario compra 50 litros de leche y de su propio ganado lechero produce 20 litros de leche, su laboratorio es en su casa propia, ubicado en plena avenida camino a Copacabana, viven con su esposa que se encarga en la venta de yogurts, esta actividad es su principal fuente de ingreso para ellos, en esta ocasión solicitan financiamiento para la compra de otra lechera de raza mejorada para tener mas cantidad de leche y de esta manera mejorar sus ingresos, ya que con el anterior credito compro una y mejoro la produccion y por ende mejoraron sus ingresos.

Previous Loan Details

Juan's main activity is making dairy products. He buys 25 liters of milk every day and his own dairy cattle produce 10 liters of milk. His laboratory is in his own house, located right in the Camino a Copacabana avenue. He lives with his wife, who is in charge of selling yogurt. At the time of hi... More from Juan'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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Juan to buy a dairy cow.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Juan. It was first posted on Kiva on Jan, 2012. Learn More