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Update on Rosario

Señora Rosario continues with the same business of preparing and selling breakfasts. At this time she is applying for a loan to purchase wholesale supplies such as sugar, api, and coffee. She relates that the [previous] loan went very well for her, since she increased her customers and she has many sales. She feels happy, since she is also increasing her earnings.
View original language description ↓
La Sra. Rosario sigue con la misma actividad de la elaboración y venta de desayunos, en esta ocasión solicita el crédito para la compra de insumos por mayor como azúcar, api y café por mayor, cuenta que le fue muy bien con el crédito ya que incremento su clientela y tiene mucha venta, se siente feliz ya que también está incrementando sus ganancias.

Previous Loan Details

Rosario, 26, sells breakfasts. She learned the trade from her mother who worked in the Ramada market for more than 20 years and taught her how to do it. Rosario has her own stall and sells breakfasts all day long. She offers tea, coffee, api [a non-alcoholic corn drink] and empanadas. As fate wou... More from Rosario'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

  • $5,500
    Average annual income
  • 133
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosario to buy ingredients to prepare her breakfasts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 16, 2013
Feb 1, 2013
Currency Exchange Loss:
Feb 17, 2014