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Juan Santiago

Update on Juan Santiago

Juan continues in his same business activity, sand blasting. He says that it went well for him with the previous loan because he used it to buy a more powerful water pump to blast the sand.

On this occasion, he is asking for the loan to buy work tools. He feels happy and grateful for the opportunity he is being given to grow his business and improve his quality of life. This is the only business activity that allows him to support himself.
View original language description ↓
El Sr. Juan sigue con la misma actividad del lavado de arena y venta de la misma, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de una bomba de agua de mayor potencia para el lavado de arena, en esta ocasión solicita el crédito para la compra compra de herramientas de trabajo, se siente feliz y agradecido por la oportunidad que le dan para crecer en su negocio, mejorar su calidad de vida ya que esta es la única actividad que le permite mantenerse.

Previous Loan Details

Juan continues in his same activity, sand blasting. He says that it went well for him with the previous loan, because he used it to buy work tools. On this occasion, he is asking for the loan to buy a water pump with more power for the sand blasting. He feels happy and grateful for the opportunit... More from Juan Santiago'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
  • 123
    View loans »
    Bolivia Loans Fundraising
  • $36,229,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Juan Santiago to buy work tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Dec 12, 2013
Currency Exchange Loss:
Oct 17, 2014
This photo was used before for a previous loan for Juan Santiago. It was first posted on Kiva on Jun, 2013. Learn More