Check out some available loans that are similar to this one!

Update on Reina

Reina, 36, is married and has a six-year-old son. She sells fruit in her stand located in El Torno. This loan is her fifth sequence in the institution. Reina will use this loan to buy fruit at wholesale. Her reason for requesting this loan is lack of working capital. The business challenge Reina faces is rising out of poverty and she will use profits to improve her and her family’s quality of life. Her dream for her business is to become one of the best merchants and to grow in her business to generate more income.
View original language description ↓
La Sra. Reina tiene 36 años y es casada con un hijo de la edad de 6 años, la Sra. Reina se dedica a la venta de frutas en su puesto de venta que se encuentra en la localidad de El torno, este préstamo es su quinta secuencia dentro de la institución, la Sra. Reina va a usar este préstamo para la compra de frutas por mayor, su razón para solicitar este préstamo es la falta de capital de trabajo, la Sra. Reina enfrenta retos en su negocio que son salir de la pobreza y va a utilizar los beneficios para mejorar su calidad de vida y la de su familia su sueño para su negocio es ser una de las mejores comerciantes y crecer en su negocio para así generar más ingresos.

Previous Loan Details

Reina lives in Santa Cruz with her husband Pablo and their three children, where they have their own home in a neighborhood called Puerto Rico. Reina sells food for a living and has done so for the past 4 years, successfully building up a client base. She seeks this credit to buy a freezer, to ... More from Reina'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
  • 138
    View loans »
    Bolivia Loans Fundraising
  • $33,310,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Reina to buy fruit at wholesale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 5, 2012
Aug 8, 2012
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Reina. It was first posted on Kiva on Jul, 2011. Learn More