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Elvira
42-year old Sra. Elvira has two children aged 16 and 13. She earns her living making clothes and has a workshop in the area of Alcochen. This will be her second loan with this institution, and she plans to use the money to buy a special kind of sewing machine for her business. The reason for seeking another loan is so that she can grow her business.

The challenges that Elvira faces are competition and the lack of machines to make the clothing. She will use any profits to buy the machines she still lacks and in this way increase her working capital. Her future wishes include owning a bigger workshop and employing people to help her make the clothing. Elvira is a hardworking person who is happy and grateful to the institution for the support it offers her.
View original language description ↓
La Sra. Elvira tiene 42 años tiene dos hijos de las edades de 16 y 13 años, ella se dedica a la confección de prendas de vestir tiene su taller de costura en la zona de Alcochen, este préstamo es su segunda secuencia dentro de la institución, la Sra. Elvira va a usar este préstamo para capital de trabajo (compra de maquina over y recta) para su negocio, la razón para solicitar este préstamo es hacer crecer el negocio, la Sra. Elvira enfrenta retos en su negocio que son la competencia del mercado y la falta de maquinaria para la confección de prendas de vestir y va a utilizar los beneficios en seguir comprando las maquinas que le hacen falta y así de esta manera incrementar su capital de trabajo, su deseo para su negocio es tener un taller de costura más grande contratar personal que le ayude a confeccionar sus prendas de vestir, la Sra. Elvira es un apersona muy trabajadora se siente feliz y agradecida 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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Elvira buy a special kind of sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013