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Lidia Lizeth

Update on Lidia Lizeth

Lidia continues to make and sell bread and says that things went well with her previous loan, which she used to buy ingredients such as flour and sugar. Today she is asking for a loan to buy flour in bulk, as the price of flour has gone up. She is happy and grateful for the opportunity to grow her business.
View original language description ↓
La Sra. Lidia sigue con la misma actividad de la elaboración y Venta de pan, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de insumos como harina y azúcar para la elaboración de pan, en esta ocasión solicita el crédito para la compra de harina por quintales ya que se incrementaron sus pedidos y también que esta época se incrementa el precio de la harina, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Lidia, 23, works making and selling bread and pastries. She has her bakery, which is located in her place of residence, in the Bustillos area. This is her first loan from the institution. Lidia will use this loan to buy sugar and flour wholesale for making her bread since she has more customers a... More from Lidia Lizeth'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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Lidia Lizeth to buy flour.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2013
Listed
Aug 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014
This photo was used before for a previous loan for Lidia Lizeth. It was first posted on Kiva on Mar, 2013. Learn More