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Elena Petrona

Update on Elena Petrona

Elena lives in the town of Primero de Mayo with her husband. They live in her mother's house. She works selling clothing and cosmetics. She offers her customers the option of paying in cash or on credit. Her husband is an independent consultant.

She is requesting this loan to increase her working capital with the purchase of winter clothing. She has many orders for clothing and cosmetics because she has increased her customer base. Her last loan was very successful and now she wants to sell other products, but for now she is doing very well.

Elena's dream is to own her own house, and the loans she is receiving from Emprender and Kiva are helping her reach this goal.
View original language description ↓
La Sra. Elena vive en la zona de la Villa Primero de mayo junto con su esposo en la casa de su madre. Ella se dedica a la venta de ropa y de cosméticos la cual vende al contado y a crédito su esposo es consultor independiente. El crédito que esta solicitando es para aumentar su capital de trabajo con la compra de mercadería ropa de temporada de invierno ya que tiene muchos pedidos porque ha aumentado sus clientes tanto de ropa como de cosméticos, con el anterior credito le fue muy bien ahora tambien desea vender otros productos pero por ahora le esta yendo muy bien. La Sra. Elena se fijo como meta tener su propia casa y por eso con los créditos que le esta otorgando Emprender y Kiva ella esta saliendo adelante.

Previous Loan Details

Elena lives in an area called Villa Primero de Mayo with her husband. They currently live in her mother's house. Elena sells clothing and cosmetics. She offers her customers the option of paying in cash or on credit. Her husband is an independent consultant. The loan Elena is requesting will prov... More from Elena Petrona'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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Elena Petrona to purchase winter clothing and other products.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2012
Listed
Jun 3, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Elena Petrona. It was first posted on Kiva on Aug, 2011. Learn More