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Edmundo
Edmundo, 28, is married and has two children, ages 2 and 1. He sells cattle at different fairs in the city of El Alto. He lives in Batallas, and he raises his livestock on land he owns at the summit. This is his first loan cycle with the institution.

Edmundo will use the loan to buy cattle to later take to different fairs. He needs the loan because he lacks working capital. At times, he has little customer demand due to poor weather or lack of transport, which present challenges to his business. He would like to buy a bigger truck one day to transport more cattle.
View original language description ↓
El Sr. Edmundo tiene 28 años y es casado con 2 hijos que son de las edades de 2 y 1 años, el se dedica a la venta de ganado, el vende en las distintas ferias de la ciudad de la ciudad de El Alto, el vive en la localidad de Batallas y tiene a su ganado en la cumbre en un terreno que él tiene, este préstamo es su primera secuencia dentro de la institución, El Sr. Edmundo va a usar este préstamo para la compra de ganado y después llevar a las distintas ferias, su razón para solicitar este préstamo es falta de capital, El Sr. Edmundo enfrenta retos en su negocio que son la poca demanda en ocasiones ya sea por problemas de clima o de transporte, desea con el tiempo poder comprar un camión de mayor capacidad para poder transportar mayor cantidad de ganado.

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
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Edmundo to buy cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014