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Maria Esther

Update on Maria Esther

María has been a client for many years. At first she worked selling cosmetics by catalog from a well-known company, but for two years has been doing that business on a smaller scale. Now her bakery is her main business. She makes and sells bread, banana and orange cakes and lemon and apple pies. She sells them in her area and also to several pastry shops further south. She also makes birthday cakes to order. María and her husband are both young. They have two small children and she takes care of them while she works making her pastries. Her husband works in transportation and drives a taxi in the south. With the money from this loan María will buy an industrial oven and thus increase her cake production. María's dream is to have her own pastry shop. She shows a strong desire to get ahead and is very hard-working. She is grateful to the institution for the support they have given her.
View original language description ↓
María es cliente de hace mucho años, ella en principio se dedicaba a la venta de cosméticos por catalogo de una empresa muy conocida, pero hace dos años atrás esa actividad la realiza en menor escala, siendo ahora su actividad principal la repostería, ella prepara para la venta pan, queques de plátano , naranja y pies de manzana o limón, comercializando por la zona y algunas pastelerías de la zona sur, también realiza tortas a pedido para cumpleaños, ella es una persona joven al igual que su esposo, tienen dos hijos pequeños a los que cuida mientras trabaja preparando sus masitas, el esposo trabaja con movilidad en el un taxi trufis de la zona sur, con el dinero de crédito comprar un horno industrial y así mejorar su elaboración de tortas, el deseo de la Sra. María es el de tener su propia pastelería, ya que la señora demuestra muchas ganas de superarse, es muy trabajadora y agradecida con la institución por el apoyo brindado.

Previous Loan Details

María has been a client for many years. At first she worked selling cosmetics by catalog from a well-known company, but for two years she has been doing that business on a smaller scale. Now her bakery is her main business. She makes and sells bread, banana and orange cakes and lemon and apple pi... More from Maria Esther'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

  • $2,817
    Average annual income
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria Esther to purchase an industrial oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Maria Esther. It was first posted on Kiva on Jun, 2011. Learn More