Update on Silvio ReneSilvio is 33 years old. He is single. He lives in his parents' house and supports the education of his brothers and nephews. He is a customer who is in his second cycle with the institution. His principle activity, since he was young, is the art of painting walls and interior decorating. Currently, he is independent and he does contracts in the city of La Paz, Cochabamba and other areas. The loan that he requested is to buy taller metal ladders since with the previous ones he bought, he did well. He is a very responsible and hard working young man. He feels happy for this opportunity provided to him.
Previous Loan DetailsSilvio lives in his parents’ house. He’s single and helps out with education costs of his siblings and nephews and nieces. He’s a new client who was invited by his sister who is a client of our institution. His main activity is painting walls and interior decorating. He’s been independent sin... More from Silvio Rene's previous loan »
About EmprenderEmprender 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.
120View loans »