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Felix  Octavio
Félix is 36 years old and single. He weaves togoro baskets at home. He lives in the Mariscal Sucre region. This loan is his first cycle with the field partner. Félix will use the funds to buy more togoro, which is a kind of wicker he uses to weave his baskets. He needs this loan because he does not have enough capital and thus not enough raw material to work. The loan will enable him to buy wholesale, and he will use the profits to buy more togoro to have in stock.
View original language description ↓
El Sr. Félix tiene 36 años y es soltero el se dedica a la elaboración de canastas de togoro, este trabajo lo realiza en su domicilio que se encuentran en la zona Mariscal Sucre, este préstamo es su primera secuencia dentro de la institución, el Sr. Félix va a usar este préstamo para la compra de togoro este es el material con el que realiza sus canastas, su razón para solicitar este préstamo es falta de capital, el Sr. Félix enfrenta retos en su negocio que son la falta del material para la elaboración de su trabajo por eso con el crédito aprovechara en comprar por mayor y va a utilizar los beneficios para la compra de togoro para stok.

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
  • 205
    View loans »
    Bolivia Loans Fundraising
  • $31,370,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Felix Octavio to buy togoro to weave baskets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013