Check out some available loans that are similar to this one!
David is 42 years old and has two children, who are ten and five years old. He works repairing engines at his auto repair shop located in the area of Alto Olivo. This is his third loan cycle with this institution. David will use this loan to purchase work tools for his auto repair shop. The reason he is requesting this loan is that he lacks the cash to purchase tools and expand his business. In his work, David faces the challenges of keeping the business going, but he is going to use the profits to continue improving his auto repair shop, by purchasing modern tools and equipment.
View original language description ↓
El Sr. David tiene 42 años tiene dos hijos de las edades de 10 y 5 años, el se dedica a la reparación de motores en su taller de mecánica que se encuentra ubicado en la zona de Alto Olivo, este préstamo es su tercera secuencia dentro de la institución, el Sr. David va a usar este préstamo para la compra de herramientas de trabajo para su taller de mecánica, su razón para solicitar este préstamo es la falta de efectivo para la compra de herramientas y para la ampliación del negocio, el Sr David enfrenta retos en su negocio que son sacar adelante el negocio y va a utilizar los beneficios para seguir mejorando su taller de mecánica comprando ya herramientas y equipos modernos.

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
  • 138
    View loans »
    Bolivia Loans Fundraising
  • $33,310,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,500 helped David to purchase work tools for his auto repair shop.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Jun 29, 2012
Jul 26, 2012
Currency Exchange Loss:
Aug 25, 2012