Update on Rhina JaquelineMs. Rhina devotes herself to creating baptismal undergarments for girls. She indicates that she has ten years of experience in this business. Her workshop is in her home, where she does her work filling special orders as well as for selling in the different market of the city of La Paz. She travels on weekends and in the early morning hours makes her sales by the dozens or wholesale.
She lives in her own home. Her household is located in the southern part of the city of Cochabamba which is a remote area. She has one child. Her husband is ill from terminal-stage diabetes and so she is the only one who, with her business, generates income for her family.
She indicates that the money being granted her is for the purchase of an industrial sewing machine which will allow her to sew her products more efficiently and at higher quality. She is a very hardworking person. She feels happy with and grateful to the institution for all of its support.
Previous Loan DetailsMs. Rhina devotes herself to creating baptismal undergarments for girls. She indicates that she has ten years of experience in this business. Her workshop is in her home, where she does her work filling special orders as well as for selling in the market districts of the city of La Paz. She trave... More from Rhina Jaqueline'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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Feb 24, 2012
- Mar 16, 2012
- Currency Exchange Loss:
- Mar 15, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.