Update on Mary LanguideySra. Mary is 64 years old and a native of La Guardia in Santa Cruz. She and Sr. Seferino live together in their own home, which is located in the district of La Guardia. Her economic activity is the sale of seasonal fruits and she has been in business for 23 years.
Mary will use the loan to buy seasonal fruits wholesale in order to stock her sales stall since she constantly has to buy fruit according to the season. She did very well with the previous loan.
Sra. Mary, despite being a senior, continues working since this is her only source of income. She is grateful to Emprender for the support it has provided her
Previous Loan DetailsSra. Mary is originally from the town of La Guardia in Santa Cruz. She lives with Sr. Seferino in their own home in the District of La Guardia. She has a business selling fruit according to the season. Mary has been in business for 22 years. This loan will be used to buy seasonal fruit in ... More from Mary Languidey'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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