Señor Lucio is an old client who has a very good history of payment in his previous loans. He lives in the Brasil zone in the north of the El Alto city. He sells cocoa (powdered chocolate) in various Bolivian cities such as Sucre, Potosí, and Cochabamba. He sells on the street, by the pound. His cocoa comes from Los Yungas (a hot region of Bolivia known for the production of products such as fruit, coca and cocoa). Lucio's greatest dream is to have a chocolate factory and to export to other countries, but he knows that he can only achieve this through hard work and financing. He will use the money from this loan to make the final payment on his home. Lucio is grateful and happy for this opportunity.
El señor Lucio es un cliente antiguo, que demostró buen comportamiento de pago de sus anteriores créditos, vive en la zona de Brasil, al norte de la ciudad de el alto, el señor Lucio se dedica a la venta de cocoa (chocolate en polvo), en las distintas ciudades de Bolivia como Sucre, Potosí y Cochabamba entre otros, este tipo de actividad es de forma ambulante y de venta por libra, la cocoa proviene de los yungas (lugar cálido de Bolivia y conocido por la producción de fruta, coca, cacao y otros). El mayor sueño del señor Lucio es el llegar a tener una fabrica de chocolates y exportarlo a otros países del mundo, pero sabe que esto solo lo podrá logran con esfuerzo y el financiamiento de terceros, el dinero del crédito lo utilizara en el pago de la ultima cuota de su vivienda, el sr. lucio se siente agradecido y feliz por la oportunidad que se le brindaron.
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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.