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Fabiana

Update on Fabiana

Fabiana is 26 years old, married and has two children, ages 1 and 3. She knits alpaca wool blankets and lives in Puerto Perez. This will be her second loan through the institution and she will use the money to buy alpaca wool in quantity. She makes many sales and has many orders in the different El Alto markets this time of year.
View original language description ↓
Sra. Fabiana tiene 26 años, casada tiene dos hijos de las edades de 1 y 3 años se encuentran en edad escolar, ella se dedica a tejido de mantas de lana de Alpaca para tiene su domicilio en la comunidad de Puerto Perez, este préstamo es su segunda secuencia dentro de la institución, Fabiana va a usar este préstamo para la compra de lana de alpaca por mayor para el tejido de sus mantas ya que por esta fechas tiene mucha venta también entrega pedidos a los distintos mercados de la ciudad de El Alto.

Previous Loan Details

Fabiana's main business activity is knitting blankets from alpaca yarn. She sells to order. Fabiana lives with her husband who is a builder. When we visited, we found her knitting a blanket in her home. This activity is her main source of income. On this occasion, Fabiana is requesting a... More from Fabiana'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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fabiana to buy wool.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2014
This photo was used before for a previous loan for Fabiana. It was first posted on Kiva on Feb, 2012. Learn More