Check out some available loans that are similar to this one!
Alejandro
Señor Alejandro is 39 years old and is single. He has been making stringed musical instruments for quite a long time. He has his workshop in the Second of April zone in the city of El Alto. This loan is his first one with this institution. Sr. Alejandro is going to use it to buy materials to make his instruments. This is work that is a bit slow going, since everything is hand work, since it has a lot of details. His reason for applying for the loan is an increase in the orders from his customers. Sr. Alejandro faces challenges in his work, such as the lack of capital for the different materials that he needs. He is going to use his earnings to increase his capital and his regular sales. His desire for his business is to have a much larger store where he can display his finished instruments.
View original language description ↓
El Sr. Alejandro tiene 39 años y es soltero, el se dedica a fabricación de instrumentos musicales de cuerda desde hace ya bastante tiempo, tiene su taller por la zona 2 de abril de la ciudad de el Alto, este préstamo es su primera secuencia dentro de la institución, el Sr. Alejandro va a usar este préstamo para a la compra de material para la fabricación de sus instrumentos este es un trabajo un poco moroso ya que todo es trabajo manual ya que tiene muchos detallitos, su razón para solicitar este préstamo es un incremento en los pedidos de sus clientes, El Sr. Alejandro enfrenta retos en su negocio que son la falta de capital para distintos materiales que necesita y va a utilizar los beneficios para incrementar su capital y sus ventas regulares, su deseo para su negocio es tener una tienda mucho donde poder exponer sus instrumentos terminados.

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
  • $29,514,125
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Alejandro to buy materials to make stringed instruments.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013