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Victor Hugo
Señor Víctor is engaged in making mocochinchi (a popular Bolivian drink made from dried peaches, sugar, cinnamon, and water) which he puts in little bags that he seals with a sealing machine. He also packages toasted fava beans and peanuts. He distributes these three products at stalls and shelves at the university where he has the main customers to whom he provides them. He has been involved with this business for 3 years and states that it is a source of income for the support of him and his children.


Señor Víctor is separated. He lives with his children in someone else’s house, which has been entrusted to his care under the condition that he pay for the electricity.


Señor Víctor states that he will use the money we loan him to purchase a sealing machine and a refrigerator since one of his machines is failing, and he will use the refrigerator to cool his drinks. He is a very hardworking person and thankful to the institution for the support it has offered.

View original language description ↓
El señor Víctor se dedica a elaborar refresco de mocochinchi (durazno seco) para luego envasarlo en bolsitas y luego sellarlo con su maquina selladora, aparte envasa tostado de haba y maní estos tres productos los reparte en los puestos y anaqueles de la universidad donde se encuentra sus principales clientes a los cuales provee con sus productos, el se dedica a esta actividad hace 3 años indica que es una fuente de ingresos para su sustento y de sus hijos; el señor es separado vive junto a sus hijos en domicilio ajeno el cual se le encomendó cuidar con la condición de que pague el consumo de electricidad , el señor indica que el dinero que le otorgamos lo empleará en compra de una maquina selladora y una heladera ya que una de sus maquinas esta fallando y la heladera la empleara para refrigerar los refrescos, es una persona muy trabajadora y 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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Victor Hugo to purchase a sealing machine and a refrigerator for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2011
Listed
May 24, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012