Update on Ana MaríaAna María continues with her job selling school and paper supplies in her bookstore in the Alto Pampahasi area. She says the previous loan went well for her because she used it to buy a variety of products to stock her bookstore. She expanded her business and increased her clientele and, as a result, her income.
Currently she's requesting a loan to buy school supplies wholesale and continue increasing her working capital.
She's happy about and grateful for this new opportunity she's being offered.
La Sra. Ana Maria sigue con la actividad de la venta de material escolar y material de escritorio en su librería que se encuentra en la zona de Alto Pampahasi cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de variedad de productos para surtir su librería creció en su actividad e incremento su clientela, y por ende sus ingresos económicos, en esta ocasión solicito el crédito para la compra de material escolar por mayor para seguir incrementando su capital de trabajo, se siente feliz y agradecida por esta nueva oportunidad que le brindan.
Previous Loan DetailsAna Maria is 49 years old and is married with 2 children aged 12 and 15. She has her own school supply store, located in the Pampahasi zone. Ana is an old client and this will be the 7th loan she has invested in her business. Ana is very kind to her customers and they visit her store at every… More from Ana María'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
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jul 12, 2013
- Aug 9, 2013
- Currency Exchange Loss:
- Aug 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.