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Update on Teresa

Teresa has four school-age children and owns her own home in the San Pedro area of the city of Cochabamba. Her business is selling newspapers and she has a sales location on one of the busiest avenues. She is known to the institution as a responsible person because she is a long-standing client. She is also known in her neighborhood and place of work for being kind and cheerful to her customers. Teresa will use her loan money to buy magazines wholesale. She will then sell these from her sales location. Her previous loan was very useful and so she would like to continue buying magazines. She feels grateful to the institution for the support they are giving her through this loan. Teresa's wish is to see her children become professionals.
View original language description ↓
La señora Teresa tiene 4 hijos que se encuentran en edad escolar, cuenta con casa propia en la zona San Pedro de la ciudad de Cochabamba, ella se dedica al comercio de periódicos teniendo así un puesto de venta en una de las avenidas más concurridas, la señora es conocida por la institución como una persona responsable ya que es cliente antigua, también es conocida en su barrio y lugar de trabajo por ser una persona amable y jovial con sus clientes, la Sra. Teresa con el dinero del crédito comprara revistas por mayor para vender en su puesto, ya que con el anterior crédito le fue muy bien por este motivo quiere seguir comprando revistas, se siente agradecida con la institución por el apoyo brindado en la otorgación del crédito, el deseo de la Sra. teresa es el de ver a sus hijos profesionales.

Previous Loan Details

Teresa has 4 children of school age and owns her own house in the San Pedro zone of the city of Cochabamba. Teresa sells periodicals from her stall in one of the most heavily trafficked avenues. She is well known to our institution as a responsible person as she is an old client. Teresa is also w... More from Teresa'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
  • 165
    View loans »
    Bolivia Loans Fundraising
  • $33,416,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Teresa to buy a range of magazines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 23, 2012
Jun 19, 2012
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Teresa. It was first posted on Kiva on Nov, 2011. Learn More