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Leny

Update on Leny

Leny is continues to sell clothing and reports that the previous loan went very well and she used it to buy a variety of clothing for her business. This time she is asking for a loan to buy seasonal clothing because the hot season is approaching. She feels happy and grateful for the opportunity to grow her business.
View original language description ↓
La Sra. Leny sigue con la misma actividad de la venta de ropa, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de variedad de ropa para su negocio, en esta ocasión solicita el crédito para la compra de ropa de temporada ya que se acerca la época de calor, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Señora Leny was born in Galilea in Santa Cruz. She is 27 years old and lives with Señor Rolando, with whom she has two children. He works away from home for long periods of time, and Señora Leny has had her business selling clothing for the last year and a half. She sells throughout the week and… More from Leny'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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Leny to buy seasonal clothing for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014
This photo was used before for a previous loan for Leny. It was first posted on Kiva on Dec, 2011. Learn More