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Alex
Alex, 28, is married and has two children aged 5 and 8. He works baking and selling bread. His bakery is located in El Torno. This loan is his first with the institution and Alex will use it to buy flour, shortening and yeast at wholesale because he wants to increase production to meet customer demand.

The business challenge Alex faces is competition because there are several bakeries locally. His profits will improve with this loan. Alex is a young man who very much wants to improve and feels happy and grateful to the institution for the support provided.
View original language description ↓
El Sr. Alex, tiene 28 años, es casado tiene dos hijos de las edades de 5 y 8 años, el se dedica a la elaboración y venta de pan, su panadería se encuentra ubicado en la localidad de el Torno, este préstamo es su primera secuencia dentro de la institución, el Sr. Alex va a usar este préstamo para la compra de harina, manteca y levadura por mayor ya quiere incrementar su producción y así satisfacer la demandada de sus clientes, el Sr. Alex enfrenta retos en su negocio que son la competencia ya que existen varias panaderías en la localidad, con este crédito mejorara sus ganancias, el Sr. Alex es una persona joven con ganas de superación se siente feliz y agradecido 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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Alex to buy flour and shortening at wholesale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014