Update on Felicidad MariaFelicidad is 34 years old and is a traveling saleswoman (she sells DVDs, memory sticks, cell phone chargers and earphones). She is married to Ramiro, who is a messenger with a private agency. The couple does not have children at the moment, but their desire is to have a family in the future. They live in her father-in-law’s home in the Upper Escobar area.
Felicidad is requesting this loan to buy merchandise such as Blu-ray readers, DVDs, flash drives, and cell phone chargers wholesale.
Her previous loan went very well for her by investing in merchandise, which is her primary business. She wants to stock up on merchandise because her business is growing. Felicidad wishes to have a fixed stand and to stock up on merchandise.
Felicidad is a very hard-working person, and she is grateful to the institution for the support given to her.
Previous Loan DetailsSra. Felicidad is 33 years old and is a traveling saleswoman (she sells DVDs, memory sticks, cell phone chargers and earphones). She is married to Sr. Ramiro who is a messenger with a private agency. The couple does not have children at the moment, but their desire is to have a family in the… More from Felicidad Maria's previous loan »
About EmprenderEmprender 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Aug 9, 2012
- Sep 15, 2012
- Currency Exchange Loss:
- Sep 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.