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Mateo Francisco
Mateo, 32, works embroidering clothing like dance costumes for various cultural festivals. He does the work in an artisanal way and has been doing this work for two years. His workshop is located in the Mario Mercado zone and this loan is his first sequence in the institution. Mateo will use this loan to buy fabric to embroider and make clothing. His reason for requesting the loan is the lack of working capital.

The business challenge Mateo faces is to continue improving the clothing embroidery and he will use profits to continue increasing working capital. His wish for his business is that it grows and to not only embroider but also to manufacture various articles of clothing. Mateo feels happy and grateful to the institution for the support provided.
View original language description ↓
El Sr. Mateo tiene 32 años, el se dedica al bordado de prendas de vestir como ropa de bailarines para distintas fiestas folkloricas, el realiza el trabajo de manera artesanal, el se dedica a esta actividad hace dos años, su taller se encuentran ubicado en la zona Mario Mercado , este préstamo es su primera secuencia dentro de la institución, El Sr. Mateo utilizara este préstamo para compra de telas para el bordado de sus prendas de vestir, su razón para solicitar este préstamo es falta de capital de trabajo, El Sr. Mateo enfrenta retos en su negocio que son seguir mejorando la calidad del bordado de prendas de vestir y va a utilizar los beneficios en seguir aumentando su capital de trabajo su deseo para su negocio es crecer y no solo bordar si no confeccionar variedad de prendas de vestir El Sr. Mateo 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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,957,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Mateo Francisco to buy fabric.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014