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Reynaldo
Sr. Reynaldo is 38 years old, married and has two children, who are 14 and 10 years old. He prepares and sells cheese and milk because he owns cattle. He lives in the town of Patini, where the inhabitants engage in agriculture and livestock raising. This is his first loan cycle in his communal bank.

Sr. Reynaldo will use this loan to purchase a dairy cow and he wants to take advantage of this opportunity. The reason he is requesting a loan is because he lacks the money to make this purchase and it will greatly benefit him since the cow will provide a good quantity of milk and he will be able to produce more milk and cheese and improve his earnings.

Sr. Reynaldo faces challenges in his business such as fodder, which he needs to buy every now and then and he will use his profits to improve his cattle. He wants to be able to produce cheese wholesale and sell to the different markets in the city of la Paz.
View original language description ↓
El Sr. Reynaldo tiene 38 años, casado con dos hijos que tienen las edades de 14 y 10 años, el se dedica a la elaboración y venta de queso y leche ya que tiene ganado vacuno, el vive en la localidad de Pantini, la gente de la población se dedica a la agricultura y ganadería, este préstamo es su primera secuencia dentro de la institución, El Sr. Reynaldo utilizara este préstamo para la compra de una vaca lechera y quiere aprovechar esta oportunidad, Su razón para solicitar este préstamo es no tiene dinero para la compra ya que esto le beneficiara de gran manera ya que proporcionara buena cantidad de leche y así de esta manera producir más quesos y leche y mejorar sus ingresos económicos, El Sr. Reynaldo enfrenta retos en su negocio que son el forraje que debe comprar cada cierto tiempo, y utilizara los beneficios mejorar su ganado y su deseo es poder elaborar quesos por mayor y ofrecer a los distintos mercados de la ciudad de La Paz.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Reynaldo to buy a dairy cow.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014