Check out some available loans that are similar to this one!
Rina Carmela
Rina, 40, is married and has three children whose ages are 13, 11 and 9; all are school age. Rina works baking read, turnovers and assorted pastries. Her bakery is located in the Vino Tinto zone. This loan is her fourth sequence in the institution and Rina will use this loan to buy flour, shortening and sugar in quantity because she now has a larger capacity oven and she wants to increase production to meet customer demand.

The business challenge Rina faces is competition from a bakery that produces in larger volume. With this loan, Rina will improve her profits. She’s a person who very much wants to improve and feels happy and grateful to the institution for the support provided since it’s the only source of income she has to support her family.
View original language description ↓
La Sra. Rina tiene 40 años, casada con tres hijos que son de las edades de 13, 11 y 9 años todos se encuentran en edad escolar, la Sra. Rina se dedica a la elaboración y venta de pan empanadas y variedad de repostería, su panadería que se encuentra ubicado en la zona Vino Tinto, este préstamo es su cuarta secuencia dentro de la institución, la Sra. Rina va a usar este préstamo para la compra de harina, manteca y azúcar por cantidad ya que tiene un horno de mayor capacidad y quiere incrementar su producción y así satisfacer la demandada de sus clientes Sra. Rina enfrenta retos en su negocio que son la competencia de una panadería que produce en mayor cantidad, la Sra. Rina con este crédito mejorara sus ganancias, ella es una persona con ganas de superación se siente feliz y agradecida con la institución por el apoyo brindado ya que esta es la única fuente de ingresos que tiene para mantener a su familia.

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
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,607,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Rina Carmela to buy raw materials at wholesale.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014