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Octavio
Octavio lives in the community of El Torno within the Barrio Oriental district. He sells clothing in the central market, a business he has had for more than 20 years. He is happy with the business and he has a large client base. He sells traditional ladies' clothing. The price of these items is high given them intricate hand-embroidered details. He doesn't make the clothing, however. He makes his purchases in wholesale. He will use this loan to purchase more merchandise for the business. His wife works in the business too. They have 5 children together and they are all school aged. They work together to support their family. He is very grateful to the organization for the support he has received.
View original language description ↓
El Sr. Octavio vive en la localidad de el Torno, en el Barrio Oriental, su negocio es la venta de ropa, en el mercado central, actividad donde lleva ya mas de 20 años, le va muy bien y tiene mucha clientela, la ropa que vende es para la mujer de pollera el costo de esta ropa es elevada por el trabajo que implica realizarla ya que tiene muchos detalles y bordados a mano, el no confecciona la ropa, la compra por mayor, el destino de crédito es para la compra de mercadería, su esposa le ayuda en el negocio, tienen 5 hijos, en edad escolar y ambos trabajan mucho para sacar adelante a su familia, esta muy agradecido con la institución por el apoyo brindado.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Octavio to purchase ladies' clothing for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 9, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011