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Update on Reina

Reina continues selling fruit for a living. She says that her previous loan went well as she used it to buy fruit. She managed to grow her business, increase her number of customers and improve her income.

On this occasion, Reina is requesting a loan to buy seasonal fruit. She feels happy and grateful for this new opportunity as this is the only business she has with which to support herself.
View original language description ↓
La Sra. Reina sigue con la actividad de la venta de frutas, cuenta que le fue bien con el anterior crédito ya que lo utilizo en la compra de de frutas , creció en su actividad e incremento su clientela, y por ende sus ingresos económicos, en esta ocasión solicito el crédito para la compra de frutas según la temporada, se siente feliz y agradecida por esta nueva oportunidad que le brindan ya que esta es la única actividad que le permite mantenerse.

Previous Loan Details

Reina, 36, is married and has a six-year-old son. She sells fruit in her stand located in El Torno. This loan is her fifth sequence in the institution. Reina will use this loan to buy fruit at wholesale. Her reason for requesting this loan is lack of working capital. The business challenge... More from Reina'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
  • 126
    View loans »
    Bolivia Loans Fundraising
  • $34,692,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Reina to buy seasonal fruit.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 8, 2013
May 23, 2013
Currency Exchange Loss:
Apr 16, 2014