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Update on Felicidad

Felicidad is continuing with the same business, selling clothes, that she had for her previous loan that she used to buy seasonal clothing. On this occasion, she is requesting the loan to buy clothing wholesale such as sweaters and jackets as her sales increase at this cold time of year and her profits increase. She fells happy and grateful for the opportunity she has been given to grow her business.
View original language description ↓
La Sra. Felicidad sigue con la misma actividad de la venta de ropa, cuenta que le fue con el anterior crédito ya que lo utilizo en la compra de ropa de temporada, en esta ocasión solicita el crédito para la compra de mercadería ropa por mayor como chompas y chamarras ya que incremento sus ventas por esta época de frio y incrementar sus ganancias, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Felicidad is a long-standing client who has been working with the institution for approximately four years. She belonged to the "Agua de Vida" communal bank. Now she sells seasonal clothing; that is to say, she sells blouses, skirts, baby's clothing, sweaters, T-shirts, and fleeces in the… More from Felicidad'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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Felicidad to buy clothes wholesale, sweaters, and jackets.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 15, 2013
Jun 8, 2013
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Felicidad. It was first posted on Kiva on Nov, 2011. Learn More