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Update on Veronica

Veronica continues with the same activity of selling food in her stall located in the Tembladerani area. She says she did well with the previous loan and this time she needs the loan to buy supplies such as rice, noodles, and oil for the elaboration of her delicious dishes.
View original language description ↓
La Sra. Verónica sigue con la misma actividad de venta de comida en su puetso de venta que se encuentran en la zona de Tembladerani, cuenta que le fue muy bien con el anterior credito y en esta ocacion necesita el credito para la compra de insumos como arroz, fideo y aceite para la elaboracion de sus riquisimos platillos.

Previous Loan Details

Verónica is 38 years old, she is separated and has three children, ages 19, 12, and 10. She sells food in the Tembladerani area. This loan is her first cycle with the institution. Verónica will use this loan for repairs in her place of business, where she sells her food. The reason she is reques... More from Veronica'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
  • 145
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Veronica to purchase supplies for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 19, 2012
Oct 18, 2012
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Veronica. It was first posted on Kiva on Apr, 2012. Learn More