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Juan Marcelo

Update on Juan Marcelo

Juan is thirty-four, single, and lives with his family in his parents' house. He has an upholstery workshop, where he upholsters chairs, couches and a variety of other products. He's been in business for five years and says he always makes the customers happy.

Juan will use this loan is to buy rolls of leatherette, sponges, etc. He is a longtime client of Emprender and is a responsible and hardworking person. He's doing quite well in his work, has lots of customers, and is very well-known for the high quality finish of his products. He's very happy for and appreciative of the opportunity the work brings him; it allows him to improve the quality of life for his whole family.
View original language description ↓
El sr. Juan tiene 34 años, es soltero y vive en casa familiar en la casa de sus padres, tiene un taller de tapicería, realiza tapizados de sillas asientos sofás y variedad de trabajos, siempre complaciendo al cliente como el dice, se dedica este trabajo desde hace 5 años, este crédito es para la compra de material de cuerina por rollo, esponja y otros, es un cliente antiguo de la institución, el es una persona responsable y trabajadora, le va muy bien en su trabajo tiene muchos clientes y es muy conocido por la buena calidad del acabado de sus trabajos, se siente muy feliz y agradecido por la oportunidad que le brindan y así de esta manera le permiten mejorar su calidad de vida de toda su familia.

Previous Loan Details

Sr. Juan lives with his family at the home of his parents. He has an upholstery workshop where he covers chairs, sofas, and a variety of other pieces. Juan says that his customers are always pleased with his work. He is single and has been in business for five years. This loan will be us... More from Juan Marcelo'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
  • 155
    View loans »
    Bolivia Loans Fundraising
  • $36,650,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Juan Marcelo to buy sponges and rolls of leatherette.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 10, 2012
Feb 28, 2012
Currency Exchange Loss:
Mar 15, 2013