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Yely

Update on Yely

Yely still works at her Internet station and small bookstore. She is requesting a loan in order to purchase a Play Station for her business. Yely is grateful because things went well for her with her previous loan. She continues to rent out sound equipment but this time she is requesting a loan for her Internet business.
View original language description ↓
La Sra. Yely Sigue con su punto internet y también una pequeña librería, El crédito que esta solicitando es para comprar un play Station para su negocio, la Sra. Yely se siente agradecida ya que con el anterior credito le fue bien sigue rentando su equipo de amplificacion pero en esta ocacion solicito el credito para su negocio de internet.

Previous Loan Details

Sra. Yely lives in the Plan 3000 District. She has lived in the family home for eight years with her two children, one of whom is in school while the other one is still too young. Sra. Yely has a small Internet café, but she also manages a small bookstore and calling center. The loan she ... More from Yely'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
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,033,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yely to purchase a Play Station for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Yely. It was first posted on Kiva on Nov, 2011. Learn More