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Sr. Hugo lives in the urban district of Terrado 3 in the suburb of Plan 3000. He has two children attending elementary school. His wife helps by selling plastic bags. Hugo is a welder who has a workshop that he uses as a metal shop. He manufactures platforms, garage doors, security bars, railings, and chairs. Hugo owns a small soldering machine, but it is not adequate for the work he needs to perform.

The loan he requested will be used to buy a larger soldering machine with more voltage that will help him produce better work. This will also save him from having to rent a machine. Hugo is the type of person who wants to succeed. He is hard worker and expresses his appreciation to Emprender and Kiva for trusting him by providing this loan.

View original language description ↓
El Sr. Hugo vive en la zona de Urb. Terrado 3 en el Plan 3000, el tiene 2 hijos que asisten a primaria, su esposa tambien le ayuda, ella se dedica a la venta de bolsas plasticas,el se dedica a la soldadura y tiene su taller donde realiza trabajos de cerrajeria, elabora trabajos de tinglados,puertas arrollables, protectores, barandas y sillones. El cuenta con una maquina de soldar pequeña que no le abastece para los trabajos que realiza por lo cual con el prestamo que ha solicitado le servira para comprar una maquina de soldar mas grande y de mayor amperaje que le ayudara mucho a hacer mejores trabajos y no tendra gastos por alquilar maquinas. El es una persona que tiene muchas ganas de superacion, muy trabajador y esta muy agradecido con Emprender y Kiva poe la confianza brindada 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

  • $5,500
    Average annual income
  • 136
    View loans »
    Bolivia Loans Fundraising
  • $32,164,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hugo purchase a soldering machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 10, 2010
Jul 25, 2010
Currency Exchange Loss:
Dec 15, 2011