Check out some available loans that are similar to this one!
Mario
Sr. Mario is 49 years old and has three children (ages 21, 19, and 16), all of whom are in school. He works in the construction sector on various projects in which he handles the interior and exterior painting. This loan is his first transaction with Emprender.


Sr. Mario will use the loan to buy materials, such as brushes and paints in different colors, since he is severely lacking in supplies needed to do his work. He faces challenges in the construction business, such as having to depend on other contractors to finish their jobs before he can begin painting each house. Sr. Mario will use his profits to buy tools and materials that he needs to perform a good job. This will enable him to gain more contracts so that he can earn more income.

View original language description ↓
El Sr. Mario tiene 49 años, tiene 3 hijos que son de las edades de 21, 19 y 16 años, todos estudiando, El Sr. Mario se dedica al servicio de construcción, el trabaja en las distintas construcciones realizando el pintado de interiores y exteriores este préstamo es su primera secuencia dentro de la institución, El Sr. Mario va a usar este préstamo para la compra de material como pinturas de distintos colores y brochas ya que le hace mucha falta para realizar las obras, El Sr. Mario enfrenta retos en su negocio que son la dependencia de cada trabajo ya que tiene que cumplir con el contrato por cada casa a la que va a trabajar en la construcción y va seguir utilizando los beneficios en comprar herramientas y materiales que necesita para la realización de un buen trabajo que implica muchos más contratos y por ende más ingresos económicos.

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
  • 86
    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 Mario to buy brushes and paints in different colors.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014