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Emiliano

Update on Emiliano

Emiliano is continuing in his business selling ice cream and selling recyclable materials. He reports that his previous loan was helpful, since he used it to purchase a new motor for his motorcycle. He is currently seeking a loan so that he can buy a freezer to store his ice cream. He is happy and grateful for this loan opportunity, and his business is growing and improving.
View original language description ↓
El Sr. Emiliano sigue con la misma actividad de la venta de helados y con la venta de material reciclable, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra un motor para su moto, en esta ocasión solicita el crédito para la compra de un frizer para mantener sus helados congelados, se siente feliz y agradecido por la oportunidad que le brindan ya que está creciendo y mejorando su actividad.

Previous Loan Details

Emiliano, 43, has six little children who are school age and he lives in the International zone. He’s been selling ice-cream for 14 years and the last three months of the year he sells recyclable items like bottles, beer cans, plastic, batteries and others. His wife as well as one of his… More from Emiliano'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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,117,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Emiliano to purchase a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Emiliano. It was first posted on Kiva on Dec, 2011. Learn More