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Angel Leonidas

Update on Angel Leonidas

Ángel is 26 and continues to provide an amplifier service. He tells us that his previous loans went well. His business is growing and improving, and this is allowing him to have more contracts to liven up various social activities. Ángel will use this loan to purchase amplifiers for his business, since he always has to keep his equipment up to date in order to provide a better service.
View original language description ↓
El Sr. Ángel tiene 26 años sigue con el servicio de servicio de amplificación cuenta que le fue bien con los anteriores créditos ya que está creciendo y mejorando su amplificación y esto le permite tener más contratos para amenizar distintas actividades sociales, El Sr. Ángel va a usar este préstamo para compra de amplificadores para su negocio, ya que constantemente tiene que actualizar sus equipos para brindar un mejor servicio.

Previous Loan Details

Ángel is 25 years old. He continues to have his sound system service. He says that the pervious loans worked out well for him, since he is growing and improving his sound system and this allows him to have more contracts to animate different social activities, because he offers a good service. Án... More from Angel Leonidas'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.

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About Bolivia

  • $2,817
    Average annual income
  • 131
    View loans »
    Bolivia Loans Fundraising
  • $29,665,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Angel Leonidas to buy amplifiers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2014
Listed
Feb 16, 2014
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Angel Leonidas. It was first posted on Kiva on Jul, 2013. Learn More