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Wilma

Update on Wilma

Wilma is 47 and continues to operate her business selling food after using her previous loan to purchase supplies for food preparation. Wilma is now requesting a loan for parsley planting and soil preparation in the plot of land by her home in the town of San Pedro. Wilma both cultivates this land and sells food. She's happy and grateful for the opportunity that loans provide her to grow her business.
View original language description ↓
La Sra. Wilma tiene 47 años sigue con la misma actividad de la Venta de comida, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de insumos para la elaboración de sus comidas, en esta ocasión solicita el crédito para la siembra de perejil y para el preparado de la tierra ella tiene su parcela ubicada en la localidad de San Pedro, donde ella vive también, se dedica a ambas actividades se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Wilma, age 46, is married and continues with her business activity of selling food in Puerto Rico. She is a long-time client of the institution, and she has worked for a long time solely with the institution. Wilma says that things went well for her with the previous loan. She will now use t... More from Wilma'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
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Wilma to plant parsley and prepare the soil.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 23, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014