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Toribia Susana

Update on Toribia Susana

Toribia continues with the same activity of carpentry. She says that her last loan went well since she used it to buy wood and a planer. On this occasion, she is requesting a loan to buy construction material since she is actually doing the construction of her house. She feels happy and thankful for the opportunity given to her to grow her business.
View original language description ↓
La Sra. Toribia sigue con la misma actividad de la carpintería, cuenta que le fue bien con el anterior crédito ya que lo utilizo para la compra de madera y una cepilladora, en esta ocasión solicita el crédito para la compra de material de construcción ya que esta haciendo realidad la construcción de sus vivienda se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Toribia is 36 years old, married, and has two children ages 5 and 16. She is a client who finds herself in her second sequence with the institution. She lives in the Las Lomas zone and dedicates herself to varnishing, detailing and finishing of chairs. Her workshop is in her own home where she... More from Toribia Susana'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
  • 83
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Toribia Susana to purchase construction material.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014