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Henrry Gustavo

Update on Henrry Gustavo

Señor Henrry continues with the same business of making shoes. Now he is applying for a loan to buy imitation leather and materials. He relates that it went well for him with the previous loan, since he used it to purchase leather to do his work. He feels grateful to the Kiva lenders for the support offered, since this loan helps him to improve his business and as a result his quality of life.
View original language description ↓
El Sr. Henrry sigue con la misma actividad de la de fabricación de calzados, en esta ocasión solicita el crédito para la compra de cuerina y materiales, Cuenta que le fue bien con el anterior crédito ya que lo utilizo en compra de cuero para realizar su trabajo, se siente agradecido con los prestamistas de Kiva por el apoyo brindado ya que este prestamos le ayuda a mejora su negocio y por ende su calidad de vida.

Previous Loan Details

Henrry is 30 and has two children, ages 19 and 12. Henrry makes shoes for young women in his workshop in Pasankeri in the city of La Paz. This is his first loan cycle with the institution, and he will use the funds to buy supplies such as wholesale leather to make a variety of shoes for his custo... More from Henrry Gustavo'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
  • 145
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Henrry Gustavo to buy imitation leather to make women's shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 3, 2013
Nov 5, 2013
Currency Exchange Loss:
Sep 22, 2014
This photo was used before for a previous loan for Henrry Gustavo. It was first posted on Kiva on Mar, 2013. Learn More