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Rosario

Update on Rosario

Rosario is continuing with her business selling natural products and diet aids. She says that things went well with her previous loan, because she used it to buy a variety of items to diversify the range of her products. At this time, she is requesting a loan to buy natural products and diet aids at wholesale. She feels happy and grateful for the opportunity that she is being given to grow her business.
View original language description ↓
La Sra. Rosario sigue con la misma actividad de la venta de productos naturales y dietéticos, cuenta que le fue bien con el anterior crédito ya que lo utilizo para la compra de variedad de productos para diversificar la gama de sus productos en esta ocasión solicita el crédito para la compra de productos naturales y dietéticos por mayor, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Rosario, 50, is married and has four children who are all independent adults. She has sold natural and weight-loss supplements for several years now. She’s also a team leader and has people under her who also work with the same products. She sells her wares in various offices in several zone... More from Rosario'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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $28,726,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosario to buy diet aids and natural products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 2, 2013
Currency Exchange Loss:
N/A
Ended:
May 19, 2014
This photo was used before for a previous loan for Rosario. It was first posted on Kiva on May, 2012. Learn More