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Humberto
Humberto is 52 years old and married with 2 children, who are ages 12 and 16 years. He works in the retail business he has selling toys. His place is located in one of the most populous markets in the city of Santa Cruz zone.

This loan is the first that he has taken out with the organization. Humberto is going to use this loan for the purchase of merchandise, such as toys in bulk, since the year-end parties are coming up, and on these dates he has a lot of demand. His reason for requesting this loan is to purchase merchandise to supply his stall.

Humberto confronts challenges in his business, one of which is the demand for new products. He is going to use the profits for the purchase of a variety of products, and he dreams of expanding his house and his business. Humberto feels happy and grateful to the organization for the support given in the granting of the loan.
View original language description ↓
El Sr. Humberto tiene 52 años es casado con 2 hijos que son de las edades de 12 y 16 años, el se dedica al comercio minorista, el tiene la venta de juguetes su puesto se encuentra en la una de las ferias más populosas de la ciudad de Santa cruz zona, este préstamo es el primero que ha tomado con la institución, el Sr. Humberto va a usar este préstamo para la compra de mercadería, como juguetes al por mayor ya que se acercan las fiestas de fin de año y es estas fechas tiene mucha demanda y de esta manera incrementar su capital de trabajo, su razón para solicitar este préstamo es compra de mercadería para surtir su puesto, el Sr. Humberto enfrenta retos en su negocio que es la demanda que hay de nuevos productos y va a utilizar los beneficios en la compra de variedad de producto y sueña con ampliar su casa y su negocio, el Sr. Humberto se siente feliz y agradecido con la institución por el apoyo brindado en la otorgación del crédito.

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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,808,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $800 helped Humberto to purchase toys in bulk.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
N/A
Expired:
Dec 10, 2012