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Mariana

Update on Mariana

Mariana continues with the same activity making and selling food. She comments that she did very well with the previous loan that she used to buy ingredients; her sales increased. On this occasion, she’s asking for the loan to buy ingredients like grocery items and oil at wholesale to prepare her dishes.
View original language description ↓
La Sra. Mariana sigue con la misma actividad de la elaboración y venta de comida, cuenta que le fue muy bien con el crédito que lo utilizo en la compra de insumos, ahora incremento sus ventas, en esta ocasión solicita el crédito para la compra de insumos por mayor, como abarrotes y aceite por mayor para la elaboración de sus comidas.

Previous Loan Details

Mariana lives in the Villa Salomé area, located 25 minutes from the city center. She lives with her two children, one who is already financially independent and a younger one who is in high school. Mariana works selling a variety of food such as "silpanchos" [thinly sliced breaded meat] and g... More from Mariana'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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $31,009,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Mariana to buy ingredients at wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014