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Update on Francisco

Francisco continues to work making and selling bricks. Given that his last loan was very good for him, this time he will use his loan to buy supplies and materials, such as firewood and earth, for making bricks. Francisco is asking for this loan as he has a big order and does not have the capital to fulfill it. He is very hardworking.
View original language description ↓
El Sr. Francisco sigue con la actividad de producción y venta de ladrillos, cuenta que le fue muy bien con el anterior credito, en esta ocacion el préstamo lo va a utilizar para la compra de insumos y materiales para la fabricación de ladrillos como leña y tierra, su razón para solicitar este préstamo es un pedido de ladrillos que tiene que entregar y que por falta de capital no lo puede realizar, el Sr. Francisco es una persona muy trabajadora.

Previous Loan Details

Francisco has a business making and selling bricks. His brick oven is located in the Alpacoma neighborhood. He is married to Lourdes, and she also works making bricks. They have 2 children who are in school, and they live in his parent's house. Francisco is a longtime client of the Emprender ... More from Francisco'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
  • 153
    View loans »
    Bolivia Loans Fundraising
  • $36,669,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Francisco to buy firewood and earth.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 24, 2012
Dec 14, 2012
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Francisco. It was first posted on Kiva on Feb, 2012. Learn More