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Gloria Margarita

Update on Gloria Margarita

Gloria is 52 years old and sells food for a living. She works every day in her business which is located in her home. There she prepares a variety of dishes to sell to her customers. This business is the main source of income for Gloria and her family and she works together with her daughters who help her to prepare the food and serve customers.

Gloria will use her loan to buy supplies wholesale (potatoes, rice, noodles, etc.) so that she has a full pantry. Her previous loan went very well. Gloria is a very hard-working person. She has been selling food for many years and is very grateful to the institution for the support they provide.
View original language description ↓
La Sra. Gloria tiene 52 años ella se dedica a la venta de comida, actividad que realiza todos los días en su tienda que se encuentra en su mismo domicilio preparando y ofreciendo a su clientela platos variados.
La mencionada actividad es su principal fuente de ingreso para ella y su familia la misma que desarrolla conjuntamente con su hijas quienes le ayudan a preparar y atender a sus clientes, el destino del crédito es para la compra por mayor de insumos (papa, arroz, fideo y otros) para lograr tener una despensa llena, ya que con el anterior crédito le fue muy bien, la Sra. Gloria es una persona muy trabajadora lleva años en esta actividad de la venta de comida está muy agradecida con la institución por el apoyo brindado.

Previous Loan Details

Gloria sells food every day from her home-based store, where she prepares and offers various dishes to her customers. This is the primary source of income for her and her family and she does this together with her daughters, who help her to prepare the dishes and serve customers. She will use t... More from Gloria Margarita'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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,726,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gloria Margarita to buy supplies such as rice, noodles and potatoes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jul 21, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Gloria Margarita. It was first posted on Kiva on Jul, 2011. Learn More