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Ronald

Update on Ronald

Ronald is continuing with the same activity: selling glass. He has a glass workshop where he invested his previous loan very well by purchasing glass at wholesale. He says that it went very well with his last loan. At this time, he is requesting a loan to purchase supplies and tools for his glass workshop. He feels happy and grateful for the opportunity that is being provided to him, because he is growing and improving his business.
View original language description ↓
El Sr. Ronald sigue con la misma actividad que es el del servicio de venta de vidrios tiene su vidriería donde le va muy bien utilizo el crédito en la compra de vidrios por mayor cuenta que le fue bien con el anterior crédito en esta ocasión solicita el crédito para la compra de material y herramientas para su vidrieria, se siente feliz y agradecido por la oportunidad que le brindan ya que está creciendo y mejorando su actividad

Previous Loan Details

Ronald, 33, has a 12-year-old son and his activity is selling glass in his glass shop located in La Guardia. Ronald is a long-standing client of the institution and he relates that he did well with the previous loans because they made it possible for his business to grow. He will use the loan to… 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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ronald to buy materials and supplies for his glass workshop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014
This photo was used before for a previous loan for Ronald. It was first posted on Kiva on May, 2013. Learn More