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Renan

Update on Renan

Renan continues working as a farmer, growing potatoes, cassava and a variety of other vegetables. He reports that his previous loan, which he used to buy seeds, worked out well.

On this occasion, Renan is requesting a loan to buy potato seeds and to prepare the soil as there is a lot of demand for this product at this time of year.
View original language description ↓
El Sr. Renan sigue con la misma actividad de la agricultura, plantando papa, yuca y variedad de hortalizas, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de semillas, en esta ocasión solicita el crédito para la compra de semillas para la siembra de papa y también para el preparado de la tierra ya que esta época tiene mucha demanda de este producto.

Previous Loan Details

Señor Renán is 31 years old. He is unmarried, but lives with his partner with whom he has three children aged 7, 3, and 1. He works in agriculture, growing potatoes and yucca. His parcel of land is located in the San Pedro area. This loan is his third lending cycle with the financial instit... More from Renan'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
  • 200
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Renan to buy seeds and to prepare the soil.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014
This photo was used before for a previous loan for Renan. It was first posted on Kiva on Mar, 2012. Learn More