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Marcela

Update on Marcela

Marcela, 55, continues selling basic staples like groceries, candy, soft-drinks and a variety of items in her neighborhood store. This loan is her second sequence in the institution and Marcela will use it to buy a variety of grocery items like rice, noodles, flour and sugar to stock her store and have a wider variety of products to offer her customers.
View original language description ↓
La Sra. Marcela tiene 55 años, sigue con la venta de variedad de artículos de primera necesidad como abarrotes, dulces, refrescos y variedad de artículos en su tienda de barrio, este préstamo es su segunda secuencia dentro de la institución, La Sra. Marcela va a usar este préstamo para la compra variedad de abarrotes para surtir su negocio como arroz, fideo, harina y azúcar por mayor para surtir su puesto de venta y de esta manera brindar variedad de productos a sus clientes.

Previous Loan Details

Marcela is a longstanding client who requests the loan to increase capital for her store and for her second activity: recycling plastic and paper. Currently, she has a neighborhood store located in her house in the Las Lomas neighborhood. It’s been in operation more than seven years and it’s on... More from Marcela'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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Marcela to buy merchandise to stock her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013
This photo was used before for a previous loan for Marcela. It was first posted on Kiva on Jan, 2012. Learn More