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Encarnacion
Encarnación, 48, has been sewing oven gloves for a living for several years. She sews the gloves in her workshop, which is located in her home, in the Pampahasi area.

This loan is her first cycle with the institution. Encarnación will use the loan to buy a sewing machine and fabrics to make into gloves for the wholesale market.

Her motivation for requesting the loan is to increase her investment capital. Encarnación faces challenges in her business, which are to increase her income and use her profits to invest them in materials for sewing gloves. She sells her products at market and makes them to order. Her gloves are very useful for taking hot trays out of the oven and lifting very hot pots.

Encarnación is a very hard-working person and feels happy and grateful to the institution for the support is has offered.
View original language description ↓
La Sra. Encarnación tiene 48 años, se dedica a la confección de guantes para cocina desde hace ya varios años que ella confecciona estos guantes en su taller que se encuentra ubicado en su mismo domicilio que es en la zona de Pampahasi, Este préstamo es su Primera secuencia dentro de la institución, La Sra. Encarnación va a utilizar este préstamo para la compra una maquina recta a medio uso y de telas para la confección sus guantes por mayor, Su razón para solicitar este préstamo es para incremento de capital de inversión. La Sra. Encarnación enfrenta retos en su negocio que son aumentar sus ingresos y va a utilizar los beneficios invirtiendo en la compra de materiales para la confección de guantes, ella ofrece sus productos en distintas ferias ya hace a pedido ya que estos guantes son muy útiles para sacar las bandejas del horno como también para levantar ollas muy calientes La Sra. Encarnación es una persona muy trabajadora se siente feliz y agradecida con la institución por 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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Encarnacion to buy a sewing machine and raw materials for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014