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Luis Alberto
Luis is 20 years old. He works making bread from rice flour. His bakery is located in the town of Torno.

This loan is his second cycle with the institution. Luis is going to use the loan to buy rice flour, butter and sugar in bulk since he has a large capacity oven and wants to increase production in order to satisfy the demand of his customers.

Luis faces challenges in his business such as competition from a bakery that produces in bulk. With this loan he will improve his earnings. Luis is a young person eager to get ahead and is happy and grateful with the institution for the support given because this is his only source of income to maintain himself.
View original language description ↓
El Sr. Luis tiene 20 años, el se dedica a la elaboración y venta de pan de harina de arroz, su panadería que se encuentra ubicado en la localidad de el Torno, este préstamo es su segunda secuencia dentro de la institución, el Sr. Luis va a usar este préstamo para la compra de harina de arroz, 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, Luis enfrenta retos en su negocio que son la competencia de una panadería que produce en mayor cantidad, con este crédito mejorara sus ganancias, Luis es una persona joven con ganas de superación se siente feliz y agradecido con la institución por el apoyo brindado ya que esta es la única fuente de ingresos que tiene para mantenerse.

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
  • 184
    View loans »
    Bolivia Loans Fundraising
  • $30,976,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luis Alberto to buy rice flour, butter, and sugar in quantity so he can make more bread to meet the demand of his customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013