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Miguel
Miguel is 49 years old and makes a living running a beauty salon for many years. He learned this activity from his father and taught his children. He has a beauty salon in the strategic zone of the El Torno neighborhood.

This loan is his first within the institution. Miguel will use this loan to buy a motor for his car as well as beauty salon supplies. In this way he will increase his working capital. The reason for requesting this loan is to improve his business. Miguel faces challenges in his business that include growing his clientele. He will use his earnings to improve his family's quality of life. Miguel wishes to have a stable and well equipped business.
View original language description ↓
El Sr. Miguel tiene 49 años, el se dedica al servicio de peluquería desde hace mucho tiempo, esta actividad lo aprendió de su padre y enseño a sus hijos, tiene su salón de peluquería que se encuentran ubicado en una zona estratégica de la localidad de El Torno, este préstamo es su primera secuencia dentro de la institución, El Sr. Miguel utilizara este préstamo para la compra de un motor para su vehículo como también material de peluquería y así de esta manera incrementar su capital de trabajo su razón para solicitar este préstamo es mejoramiento de su negocio, El Sr. Miguel enfrenta retos en su negocio que son crecer en clientela y va a utilizar los beneficios para mejorar la calidad de vida de su familia, su deseo del Sr. Miguel es tener un negocio estable tener una peluquería muy equipada.

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
  • 222
    View loans »
    Bolivia Loans Fundraising
  • $31,533,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel to change his car's motor and for hairdressing materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014