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Marilin Jimena

Update on Marilin Jimena

Marilin, who still runs her business selling cosmetics and jewelry, says that all went well with her previous loan, which she used to buy electrical appliances for her home. She says that it was a success because she was able to expand her business and increase her clientele and, as a result, boost her income. She is now applying for a loan to buy cosmetics and jewelry in bulk so as to continue to increase her working capital. She is happy and grateful for this new opportunity.
View original language description ↓
La Sra. Marilin sigue con la actividad de la venta de cosméticos y joyas, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de electrodomésticos para su hogar, cuenta que le fue bien creció en su actividad e incremento su clientela, y por ende sus ingresos económicos, en esta ocasión solicito el crédito para la compra de cosméticos y joyas por mayor para seguir incrementando su capital de trabajo, se siente feliz y agradecida por esta nueva oportunidad que le brindan.

Previous Loan Details

Marilin is 35 years old and is a single mother of 4 children who are 4, 2, 3 and 9 years old. She earns a living selling cosmetics and beauty products from a catalog. This loan is the fourth she will be requesting through this institution, and Marilin will use the loan in order to purchase cosm... More from Marilin Jimena'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
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Marilin Jimena to purchase wholesale cosmetics and jewelry.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014
This photo was used before for a previous loan for Marilin Jimena. It was first posted on Kiva on Mar, 2012. Learn More