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Rosalia

Update on Rosalia

Rosalía is a longstanding client of the institution since she’s in her third sequence. She sells food: lunches. She is taking out a loan to buy ingredients (rice, sugar, potatoes, noodles and others). At her evaluation, Rosalía had a good, cordial and kind attitude which is why she was chosen for a Kiva loan. Rosalía has her business in the city of La Paz’s Sopocachi zone. She sells lunches and noodle soup from 9am until 10:30pm approximately every day. Her main goal is to buy a lot and to own a house. With the previous loan she did very well since she always use it to improve her business.
View original language description ↓
La Sra. Rosalía, tiene 50 años, es cliente antigua de la institución, ya se encuentra en su cuarta secuencia, se dedica a la venta de comida, ella vende almuerzos, está sacando crédito para compra de insumos (arroz, azúcar, papa, fideo y otros para la elaboracion de sus riquisimos platillos, en el momento de la evaluación del crédito la Sra. Rosalía demostró una actitud buena, Cortez y amable, razón por la cual se la escogió para crédito Kiva. La Sra. Rosalía tiene su negocio en la zona de Sopocachi de la ciudad de La Paz Bolivia, ella vende almuerzos y sopa de fideo, a partir de las 9 de la mañana hasta las 22:30 aproximadamente todos los días, su principal aspiración es comprarse un terreno y tener su casa, con el anterior crédito le fue muy bien ya que siempre solicita el crédito para mejorar en su negocio.

Previous Loan Details

Rosalía is a longstanding client of the institution since she’s in her third sequence. She sells food: lunches. She is taking out a loan to buy ingredients (rice, sugar, potatoes, noodles and others). At her evaluation, Rosalía had a good, cordial and kind attitude which is why she was chosen… More from Rosalia'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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,058,050
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Rosalia to buy goods such as rice, sugar, potatoes, spaghetti, and others to prepare her delicious dishes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Rosalia. It was first posted on Kiva on Nov, 2011. Learn More