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Update on Ascencia

Sra. Ascencía continues her business of selling milk. She did very well with her previous loan since she was able to increase milk production with the cow she purchased.

On this occasion, she is requesting another loan so that she can buy fodder for feeding her cows. She is very pleased to have this new opportunity to grow her business.

View original language description ↓
La Sra. Ascencía sigue con la misma actividad de la venta de leche, cuenta que le fue bien con el anterior credito incremento la produccion de leche con la vaca que compro, ahora en esta ocacion solicita el credito para la compra de forraje para la laimentacion de su ganado, se siente feliz por esta nueva oportunidad ya que esta creciendo en su negocio.

Previous Loan Details

Ascencía is 54 and married. Ascencía sells milk, as she has some cows that she keeps at her home. This is her first loan with the institution. Ascencía will use this loan to buy a milk cow. The reason she is applying for this loan is to increase her working capital. Ascencía faces challenges ... More from Ascencia'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
  • $32,260,600
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ascencia to buy fodder for her dairy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 1, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Ascencia. It was first posted on Kiva on Apr, 2012. Learn More