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Dionicia

Update on Dionicia

Dionicia continues with her previous business, selling milk, and she tells us that she has used up her pervious loan on the purchase of a motor for her husband's vehicle.

On this occasion, she is asking for a loan in order to buy fodder for her livestock, because it is the cold season now and there is scarce food available for them. Dionicia wants to feed her livestock well, because this will help improve their production of milk. This, in turn, will help her to improve her earnings. She is happy and grateful for the opportunity to grow her business.
View original language description ↓
La Sra. Dionicia sigue con la misma actividad de la Venta de leche, cuenta que le fue con el anterior crédito ya que lo utilizo en la compra de motor para el vehículo de su esposo, en esta ocasión solicita el crédito para la compra de forraje para su ganado ya que por esta época de frio escasea este alimento y ella quiere alimentar bien a su ganado ya que quiere incrementar su producción de leche, y por ende incrementar sus ganancias, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Dionicia is an old client that is returning after a little rest of four months. She is one of our clients who always makes her payments on time. She lives in the area of Cota Cota. She sells milks and her husband drives a taxi trufis (a taxi which has a number on it which indicates the establishe... More from Dionicia'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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $29,522,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Dionicia to buy fodder for her livestock.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Dionicia. It was first posted on Kiva on Oct, 2011. Learn More