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Victoria

Update on Victoria

Sra. Victoria continues in the same business of selling food. She did very well with her previous loan since it was used to buy supplies for preparing her dishes.


On this occasion, she is requesting a loan in order to buy a freezer so that she can store vegetables and preserve meats that are used in preparing her dishes. She is pleased with and appreciative of the opportunity given to her to grow her business.

View original language description ↓
La Sra. Victoria 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 compra de un Frizer para mantener sus vegetales y carne conservados para así elaborar sus platillos, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Victoria is 50 years old and has a son who is 18. She runs a lunch stall which is located in the one of the markets in the Plan 3000 area. This will be her first loan from the institution. Victoria will use the loan to buy supplies at wholesale, such as groceries and vegetables to make her dishes... More from Victoria'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
  • 196
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Victoria to buy a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Victoria. It was first posted on Kiva on Feb, 2013. Learn More