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Victoria

Update on Victoria

Victoria continues with the same business activity of farming. She is growing a variety of fruits and vegetables.

She is now requesting the loan to buy seeds to plant watermelon and to prepare the land.

She says that it went very well for her with the loan because she sold the watermelons in the local market directly from producer to consumer.
View original language description ↓
La Sra. Victoria sigue con su misma actividad de agricultura, sembrando variedad de vegetales, hortalizas y frutas, en esta ocasión solicita el crédito para la compra de semilla para la siembra de Sandia y para el preparado de la tierra, cuenta que le fue muy bien con el crédito ya que las Sandias lo vendió en el mercado de la localidad, directamente del productor al consumidor.

Previous Loan Details

Victoria, 49, has four children whose ages are 16, 9, 7 and 5. She’s a farmer who grows watermelons and fruit in her field located in Colonia Porvenir. This loan is the first sequence in the institution and Victoria will use the loan for her watermelon crops and to prepare the soil for planting... More from Victoria'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
  • 234
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Victoria to sow watermelon.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014
This photo was used before for a previous loan for Victoria. It was first posted on Kiva on Jul, 2012. Learn More