Update on NievesNieves is thirty-nine years old and is not married, although she lives with her partner and their five children. Her children are twelve, ten, eight, six, and four years old. Nieves is a leader who worked excellently with her communal bank and who now works individually. She sells men’s pants in the 16 de julio market, and she owns her stand. She lives with her husband and children. Her eldest got sick with appendicitis, but in spite of this situation, she was able to get ahead with the help of her family. Nieves is very hard-working and works well with her companions. Her goal is to see her children become professionals and to have a house of her own so she can make them more comfortable. She will use the loan money to purchase pants at wholesale prices for the cold season. Her previous loan helped her very much. Nieves is a hard-working person, and she is grateful to the institution for the support it has provided her.
Previous Loan DetailsNieves is a leader who behaved excellently while in a communal bank. Now, she’s acting as an individual. She sells men’s pants at the 16 de Julio market. She owns her stand. She lives with her husband and children. Her eldest got appendicitis and despite this situation she was able to get ah... More from Nieves's previous loan »
About EmprenderEmprender 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.
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