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Fernando
Fernando is 28 years old and makes a living buying and selling second-hand tyres. He has had his store in the Plan 3000 area for some years and it is there that he sells a variety of tyres for all types of vehicles. This loan is his second cycle with the communal bank. Fernando will use the loan to buy second-hand tyres in bulk and so increase his working capital. He is applying for the loan due to a lack of cash and so that he can continue to improve his business. Fernando will use the profits to continue buying tyres to keep working in his store. Fernando is a very hard-working person and is very grateful for the opportunity being given to him.
View original language description ↓
El Sr. Fernando tiene 28 años, el se dedica a la compra y venta de llantas de segunda mano, hace ya varios años, tiene su tienda ubicado en la Zona del Plan 3000, donde ofrece variedad de llantas para todo tipo de vehículo, este préstamo es su primera secuencia dentro de la institución, El Sr. Fernando va a utilizar este préstamo para la compra de llantas por mayor de segunda mano, y así incrementar su capital de trabajo su razón para solicitar este préstamo es la falta de efectivo y seguir mejorando en su actividad, El Sr. Fernando va utilizar los beneficios para seguir comprando llantas para seguir surtiendo su tienda, El Sr. Fernando es una persona muy trabajadora se siente feliz por la oportunidad brindada.

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
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Fernando to buy used tyres.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014