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Update on Marcelino

Marcelino has been a borrower since 2009. He is married to Olga, who also has a business. He is a merchant who travels to another department to buy his merchandise. Marcelino continues with the same business of selling secondhand clothing. He says he did well with the previous loan, which he used to buy jackets. This time, he is asking for the loan to buy bales of secondhand clothing. Marcelino is happy for the opportunity provided, since this work lets him support his family.
View original language description ↓
El Sr. Marcelino es cliente antiguo desde el año 2009, esta casado con la se señora Olga la cual también tiene un negocio es comerciante que viaja a otro departamento a comprar su mercaderia, El Sr. Marcelino sigue con la misma actividad de la venta de ropa de segunda mano, cuenta que le fue bien con el anterior credito que lo utilizo en la compra de chamarras, en esta ocacion soicita el credito para la compra de ropa por fardo de segunda mano, el Sr. Marcelino se siente feliz por la oprtunidad brindada ya que esta actividad le permite mantener a su familia.

Previous Loan Details

Sr. Marcelino has been a longtime client since 2009. He is married to Sra. Olga who also has a business. Marcelino is a merchant who travels to another department to buy merchandise. He has three children who are of school age. Marcelino lives in the District of Vino Tinto in the city of La P... More from Marcelino'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
  • 125
    View loans »
    Bolivia Loans Fundraising
  • $34,670,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $800 helped Marcelino to purchase bales of clothing.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Nov 11, 2012
Currency Exchange Loss:
Dec 11, 2012
This photo was used before for a previous loan for Marcelino. It was first posted on Kiva on Sep, 2011. Learn More