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Maria Reyna
María, 39, is single with two children who are 16 and 18 years of age and attending school. She works making artisanal dolls and has a fixed stand where she sells them; she also distributes them based on prior orders. This loan is her first sequence in the institution and María will use the loan to buy supplies like fabric, yarn, thread and silicone to make dolls because demand at the end of the year is much higher from institutions that place orders with her. Her reason for requesting the loan is the increase in customer orders and lack of capital to buy supplies at wholesale. María will use profits to buy supplies to increase doll production and thus her capital. Her wish is to have a micro business and hire staff.
View original language description ↓
La Sra. Maria tiene 39 años y es soltera con 2 hijos que son de las edades de 16 y 18 años que se encuentran estudiando, ella se dedica a la fabricación de muñecas artesanales, ella tiene un puesto fijo donde los vende y los distribuye cuando tiene pedidos, este préstamo es su primera secuencia dentro de la institución, la Sra. Maria utilizara el préstamo para compra de material como ( tela, lana, hilos, silicona) para la fabricación de sus muñecas ya que esta época de fin de año tiene mucha mas demanda con algunas instituciones que le realizan pedidos, su razón para solicitar este préstamo es un incremento en los pedidos de sus clientes y la falta de capital para la compra de material por mayor, Maria va a utilizar los beneficios en la compra de material para incrementar la producción de muñecas y por ende su capital su deseo es contar con una microempresa y poder contratar nano de obra.

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
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Maria Reyna to buy supplies to make dolls.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013