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Avelino
Avelino is 60 years old and has two children who are 7 and 11 years old. For many years, he has earned his living selling wood and producing charcoal. He learned this business from his father, who also made his living producing charcoal. He has a plot of land located in Rio Seco. This loan is his first within the institution.

Avelino will use this loan to purchase chainsaws for cutting wood to produce charcoal. The reason he is requesting this loan is that he lacks capital for buying these tools of his trade, which prevents him from cutting in larger quantities.

Avelino faces challenges in his business, like rising out of poverty. He is going to use the loan to improve his and his family's quality of life, since this is the only activity that allows him to provide for himself and his family. For that reason, he feels happy and grateful to the institution for the support provided.
View original language description ↓
El Sr. Avelino tiene 60 años y tiene dos hijos que tienen la edad de 7 y 11 años, el se dedica a la venta de madera y producción de carbón desde hace ya varios años esta actividad lo aprendió de su padre quien también se dedicaba a la producción de carbón, el tiene su parcela que se encuentra ubicado en la localidad de Rio Seco, este préstamo es su primera secuencia dentro de la institución, El Sr. Avelino utilizara este préstamo para la compra de moto sierras para cortar madera para la producción de carbón, su razón para solicitar este préstamo es la falta de capital para la compra de estas herramientas de trabajo, ya que esto no le permite cortar en mayor cantidad, El Sr. Avelino enfrenta retos en su negocio que son salir de la pobreza va a utilizar los beneficios para mejorar su calidad de vida y la de su familia, ya que esta es su única actividad que le permite mantenerse y mantener a su familia, por este motivo se siente feliz y agradecido con la institucion con el apoyo brindado.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Avelino to buy chainsaws for charcoal production.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014