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Blanca Francisca

Update on Blanca Francisca

Blanca continues with her same activity selling various products. She relates that she did well with her previous loan that she used to buy building supplies to improve her apartment. On this occasion, she requests the loan to buy merchandise like sheets at wholesale. She feels happy and grateful for the opportunity she’s being given to grow in business.
View original language description ↓
La Sra. Blanca sigue con la misma actividad de la venta de variedad de productos, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de material de construcción para la refacción de su departamento, en esta ocasión solicita el crédito para la compra de mercadería como sabanas al por mayor, se siente feliz y agradecida por la oportunidad que le dan para crecer en su negocio.

Previous Loan Details

Ms. Blanca, age 62, has two grown children and works as a general vendor, selling various household items like sheets, comforters, and pillows. She goes to different markets and door-to-door to take orders and makes sales on credit. Ms. Blanca lives in her home in the May 1st district. This loan ... More from Blanca Francisca'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

  • $5,500
    Average annual income
  • 226
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Blanca Francisca to buy merchandise at wholesale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 22, 2014
This photo was used before for a previous loan for Blanca Francisca. It was first posted on Kiva on Oct, 2012. Learn More