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Benita

Update on Benita

Benita is a long-term client of the organization. She is still buying and selling hats. She says her previous loan went really well because she bought hats to supply her shop. This time, too, she is requesting a loan to buy wholesale hats so she can stock her shop for regional festivals and other special occasions when demand goes up. Benita is very happy for the opportunity her work gives her to help with the household expenses.
View original language description ↓
La Sra. Benita es una cliente antigua de la institucion, ella sigue con la actividad de la compra y venta de sombreros, cuenta que le fue muy bien con elanterior credito ya que compro sombreros para surtir su tienda, en esta ocacion solicita tambien para la compra de sombreros por mayor ya que siempre esta surtiendo su tienda ya que ocaciones cuando hay fiesta por la zona donde tiene su tienda tiene mucha demanda, la sra. benita se siente feliz por la oportunidad brindada ya que esta actividad le permite ayudar a los gastos del hogar.

Previous Loan Details

Mrs. Benita is a long-standing customer who has worked with Kiva before. She buys and sells hats for a living and also sells alpaca wool blankets. She lives with her children, three of whom are independent. The youngest daughter is still in school. She separated from her husband two years ago... More from Benita'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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,465,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Benita to buy wholesale hats.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Benita. It was first posted on Kiva on Jun, 2011. Learn More