Check out some available loans that are similar to this one!
Elizabeth

Update on Elizabeth

Elizabeth sells noni juices after having dealt with many circumstances and obstacles for a while that stood in her way. Her family is very humble because she grew up without economic stability. She had to work from a young age and left school in order to help her family in addition to selling noni juices. At night, she prepares and sells fried tripes.

With her income from these two jobs, Elizabeth has to take care of three children and her business to move forward. For this reason, she is requesting a loan to expand her business and improve her income. This will help her offer her children a good education so they can have a better future and so they don't go without the necessities that she did.
View original language description ↓
La señora Elizabeth se dedico a la venta de jugo de noni ya que paso a lo largo del tiempo por muchas circunstancias y trabas que se le interpusieron, su familia es muy humilde por lo que desde niña no tenía una buena situación económica, por lo que ella tuvo que trabajar desde niña dejando los estudios para así poder ayudar a su familia, además de vender estos jugos de noni, por las noches se dedica a preparar y vender platitos de tripitas fritas. La señora Elizabeth con los ingreso que genera de estas dos actividades tiene que sustentar a sus tres hijos y a su negocio para seguir adelante, es por esta razón que ella está solicitando un préstamo para ampliar su negocio y así poder mejorar sus ingresos, así podrá ofrecerles a sus hijos una buena educación para que tengan un mejor futuro y no pasen por las necesidades que paso ella.

Previous Loan Details

Mrs Elizabeth and her family started this business facing a lot of difficult situations. Her family did not have enough economic resources when she was a kid, so she had to work selling beverages in order to contribute to her families’ support. However, they were always thinking of ways to get ah... More from Elizabeth's previous loan »

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Elizabeth to expand her business selling noni juices.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Elizabeth. It was first posted on Kiva on Mar, 2013. Learn More