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Mario
Mario is 40 years old and has a young son. For many years, he has made a living recycling bottles and containers, which he storages in his home and then distributes to the different companies. This loan is his first one with Emprender (Field Partner), Mario will use this loan to buy bottles, plastic and glass containers. His reason for applying for this loan is to increase his profits and therefore his capital.

Mario faces challenges in his business; competition is one, since many people like the engaged in the recycling of materials. He will benefit from the purchase of more material. His dream is to have a larger recycling collection centre. He is happy for the opportunity/help giving to him, since this is his main source of income to support his family.
View original language description ↓
El Sr. Mario tiene 40 años y tiene un hijito, el se dedica desde hace muchos años al servicio de reciclaje de botellas y envases en el acopio que se encuentran en su misma casa de donde distribuye a las distintas empresas, este préstamo es su primera secuencia dentro de la institución, El Sr. Mario va a usar este préstamo para comprar mercadería para su negocio botellas y envases de plástico y vidrio, su razón para solicitar este préstamo es incrementar sus ganancias y por ende su capital, El Sr. Mario enfrenta retos en su negocio que son competencia ya que muchas personas al igual que el se dedican al reciclado de materiales, ella va a utilizar los beneficios compra de mas material para su negocio, su sueña para su negocio es tener un acopio más grande de reciclaje se siente feliz por esta oportunidad que le brindan ya que esta es su principal fuente de ingreso 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
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,410,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mario to buy bottles, plastic and glass containers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013