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Abdon
Abdón is a new client of Emprender and this is his first loan cycle with us. His business is making toasted noodles, wheat and corn. He started this business 14 years ago together with his wife Rosmary who takes care of selling the product. In this way they both work to support their family. They have four children who are in school. They own their own home and this is also where their workshop is located. They live in Sivangani area, in the south of the city. The loan that Abdón has been given will be used as working capital to buy noodles, corn, wheat and sugar which they need to increase their production. They are very grateful for the trust that has been placed in them. The borrower appears in the photo in his workshop, together with his roasting equipment.
View original language description ↓
El señor Abdón es un cliente nuevo de emprender es su primer ciclo que trabajara con nosotros. El cliente se dedica a la elaboración de tostado de fideo, trigo y maíz. Es un emprendimiento que inicio hace 14 años juntamente con su esposa Rosmary la cual se encarga de la comercialización del producto de esta manera ambos trabajan para sustentar su familia, tiene 4 hijos los cuales se encuentran estudiando, el domicilio donde viven es propio, ahí también se encuentra su taller de trabajo, ellos viven en la zona de Sivingani ubicado al sud de la ciudad, el crédito que fue otorgado es capital de trabajo para la compra de fideo, maíz, trigo, azúcar que necesitan para incrementar su producción, están muy agradecidos por la confianza brindada en la fotografía el sr. se encuentra en su taller con sus equipos de tostado.

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
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Abdon to buy supplies (noodles, corn, wheat).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013