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Balentina

Update on Balentina

Balentina continues with the same business: selling food. She relates that she did well with the previous loan since she used it to buy a freezer to properly store the vegetables and meat she uses to prepare her dishes. She also bought a television set for her business.

On this occasion she’s asking for the loan to buy ingredients to prepare her meals. She feels happy and grateful for the opportunity she’s being given to grow in her business.
View original language description ↓
La Sra. Balentina 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 un Frizer para mantener sus vegetales y carne conservados para su para así elaborar sus platillos y también en la compra de un televisor para su negocio, en esta ocasión solicita el crédito para la compra de insumos para la elaboración de sus comidas, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Balentina works in food service, lunch at mid-day and dinner in the evenings. She has five children and all are independent. She lives in her own home, above a very busy avenue passing through the fourth ring [a neighborhood defined by Santa Cruz's circular avenues] of the city of Santa Cruz. She... More from Balentina'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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 122
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Balentina to buy food-making supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 24, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015
This photo was used before for a previous loan for Balentina. It was first posted on Kiva on Feb, 2012. Learn More