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Mary Luz

Update on Mary Luz

Mary continues with her work of selling basic goods in her neighborhood store. She says that the previous loan went well, being used for merchandise. Now she asks for a loan to buy merchandise like groceries to stock her corner store, since her clientele has increased along with her profits, and she wants to give her customers a variety of products.
View original language description ↓
La Sra. Mary sigue con la misma actividad de la venta de productos de primera necesidad en su tienda de barrio, cuenta que le fue bien con el anterior crédito que lo utilizo en la compra de mercadería, ahora en esta ocasión solicita el crédito para la compra de mercadería como abarrotes para surtir su tienda de barrio, ya que incremento su clientela y por ende sus ganancias y desea brindar variedad de productos a su clientela.

Previous Loan Details

Mary is 49 years old. She is married and has 2 children, aged 8 and 14. She sells basic necessity products such as produce, candies, cookies and beverages in her neighborhood store, located in the Pedro Lorenzo area. This loan is the first one within this institution. Mary is going to use this lo... More from Mary Luz'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
  • 158
    View loans »
    Bolivia Loans Fundraising
  • $33,362,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mary Luz to buy groceries, sugar and noodles to stock her neighborhood store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 19, 2012
Jan 8, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Mary Luz. It was first posted on Kiva on Jun, 2012. Learn More