Check out some available loans that are similar to this one!
Olga Amalia
Olga, 58, is a widow with children who are already independent. She makes a living weaving blankets, blouses, baby clothes, and other handmade garments she sells as a street vendor and on request.

This is Olga's first loan with the institution. She's going to use it to buy a variety of wool for making her garments that are already ordered, and also for the coming end-of-the-year holidays because she has a lot of demand. Olga's requesting this loan because she needs the money to buy the essential materials for her textiles. At the end of the year sales increase and consequently, so does her income. She'll use the profits to continue buying supplies such as wool, buttons, etc. to make garments with pretty designs. The garments she makes are highly valued for the quality of her work.

Olga faces challenges in her business such as health problems because she's seated and weaving all day. This has given her problems with her eyes and her lungs, but she's recovering.

Her desire for her business is to help her children, to teach them a trade and the responsibility, dedication, and effort with which one should work.
View original language description ↓
La Sra. Olga tiene 58 años y es viuda con hijos que ya son independientes, ella se dedica al tejido de mantas, blusas, ropa de bebe y otras prendas artesanales que las vende de manera ambulante y también realiza a pedido, este préstamo es el Primero que tiene con la institución, la Sra. Olga va a usar este préstamo para la compra de variedad de lanas para el tejido de sus prendas ya que tiene pedidos que entregar y también para estas fiestas de fin de año ya que tiene mucha demanda, Su razón para solicitar este préstamo es que la Sra. Olga necesita el dinero para la compra de este material que es imprescindible para sus tejidos, ya que a fin de año incrementan las ventas y por ende sus ingresos, la Sra. Olga enfrenta retos en su negocio que son la cliente últimamente tiene problemas de salud, esto por estar todo el día tejiendo y sentada, le ha ocasionado problemas con la vista y con sus pulmones pero ya se está recuperando y utilizara los beneficios en seguir comprando insumos como lana, botones etc, para tejer prendas con lindos diseños aunque las prendas que hace son bien cotizadas debido a que su mano de obra es muy bien calificada. Su deseo para su negocio es el de ayudar a sus hijas, enseñarles en oficio y la responsabilidad, dedicación y empeño con que se debe trabajar.

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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Olga Amalia to buy wool wholesale for blankets, blouses, and baby clothes.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014