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Augusto
Augusto is married and has 5 children who are university students. He is a new client of the institution and will use the requested funds to build more rooms onto his house because he currently lives with his family in pretty crowded conditions: he only has one bedroom and, with five children, the situation is difficult.

He works as a public transport provider on Route #113; he also supports his mother, who is a senior citizen. He wants to provide comfort for his children and his mother.

His wife works selling food; both want to improve their quality of life and they work hard to make their dream of finishing building their house come true.

He is very grateful to Emprender and to Kiva for the trust placed in him by granting the loan.
View original language description ↓

EL SR. AUGUSTO ESTA CASADO Y TIENE 5 HIJOS QUE SE ENCUENTRAN ESTUDIANDO EN LA UNIVERSIDAD, ES CLIENTE NUEVO EN LA INSTITUCION, EL CREDITO LO UTILIZARA PARA CONSTRUCCION DE MAS AMBIENTES EN SU CASA, PUESTO QUE AL MOMENTO VIVE ESTRECHAMENTE CON TODA SU FAMILIA, CUENTA CON UN SOLO DORMITORIO Y COMO TIENE CINCO HIJOS LE ES DIFICIL LA SITUACION. TRABAJA COMO TRANSPORTISTA DE LA LINEA Nº 113, TAMBIEN MANTIENE A SU MADRE QUE ES DE LA TERCERA EDAD Y DESEA DARLES COMODIDAD A SUS HIJOS Y A SU MADRE. SU ESPOSA TRABAJA VENDIENDO COMIDA AMBOS QUIEREN MEJORAR SU CALIDAD DE VIDA Y TRABAJAN DURO PARA REALIZAR UNO DE SUS DESEOS EL DE VER SU CASA TERMINADA, ESTA MUY AGRADECIDO CON EMPRENDER Y KIVA POR LA CONFIANZA BRINDAD EN LA OTORGACION DEL CREDITO.

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.

About Bolivia

  • $2,817
    Average annual income
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,071,875
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Augusto for home construction costs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011