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Aldo Felipe
Aldo is 48 years old, single, and sells caramels, chewing gum, sweets, and some clothing items. He also sells telephone cards and has a calling location on a central avenue in the city of La Paz.

The loan will be his 1st through this institution. Aldo will use the loan to buy merchandise to stock his business, including sweets and telephone cards. He is soliciting this loan due to a lack of capital, which is why he was interested and approached our institution.

Aldo is confronting challenges in his business, mainly the competition in the zone is too much. He began the business only recently. Previously, Aldo was an electrical technician but, unfortunately, that business failed to produce earnings and he had to look for an alternative. Aldo will utilize future loans to continue purchasing merchandise, like recharging cards and more caramels, in order to have something to offer his customers.

Aldo's desire for the business is to remain in El Anaquel, where he is presently located. The stand he uses belongs to his brother and he is just borrowing it. He hopes to consolidate his position in this market and to buy a sales post and, thus, in this way, to increase his earnings.
View original language description ↓
El Sr. Aldo tiene 48 años y es Soltero, se dedica a la venta de Caramelos, chicles, dulces y algunas prendas de vestir, también vende Chips telefónicos y tiene puntos de llamadas que se encuentran en una Avenida céntrica de la ciudad de La Paz, este préstamo es el su primera secuencia dentro de la institución, el Sr. Aldo va a usar este préstamo para la compra de mercadería para surtir su negocio como dulces tarjetas telefónicas, su razón para solicitar este préstamo es la falta de capital razón por la cual el cliente se vio interesado y acudió a nuestra institución, el Sr. Aldo enfrenta retos en su negocio que son La competencia que tiene el cliente por la zona es demasiada, recién el cliente está empezando con este negocio ya que antes el era técnico electricista pero lastimosamente el negocio no le surgió ganancias por lo que tuvo que buscar otra alternativa y va a utilizar los beneficios en seguir comprando mercadería, como tarjetas de recarga y mas caramelos para poder ofrecer a los clientes, su deseo para su negocio es El Anaquel donde actualmente vende, es de su hermano y solamente se lo está prestando, el quisiera poder consolidarse en ese mercado y comprarse un puesto de venta y así de esta manera incrementar sus ganancias.

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
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Aldo Felipe to invest in purchasing merchandise for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013