Update on YelicaSra. Yelica continues her business of making and selling bread, which is doing very well. Her previous loan was used to buy an oven for making bread and empanadas. She grew her business and increased her clientele, which resulted in more income.
On this occasion, she is requesting a loan so that she can buy supplies for making bread, such as sugar and flour in bulk. Yelica is pleased and appreciative of this new opportunity that has been given to her.
Previous Loan DetailsSra. Yelica is 31-years old and has a 13-year old son. She makes and sells empanadas and a variety of pastries. Her store is located in the Guapuru area. This will be Yelica's second loan with this institution. She plans to use it to buy a bigger oven. The biggest problem she faces is competit... More from Yelica's previous loan »
About EmprenderEmprender 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
204View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- May 9, 2013
- May 31, 2013
- Currency Exchange Loss:
- Jun 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.