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Juan Erits
Juan is a 23 year old fisherman. He lives on an island of the Lake Titicaca, a tourist area in the La Paz department where artisans offer the public goods crafted out of large reeds and wool. The majority of the island’s inhabitants work in fishing or in tourism.

This will be his second loan with the institution. Juan is going to use the loan to purchase fishing nets. His motivation for requesting the loan is to expand his fishing and increase his working capital. Juan has many challenges with his business, one of which is increasing production. He is going to use the earnings to continue improving his work since this is his only source of income to support his family.

Juan is a hard worker and is happy for the opportunity provided by the loan.
View original language description ↓
El Sr. Juan tiene 23 años y se dedica a la actividad de la pesca el vive en una isla del lago titicaca, centro turístico del departamento de La Paz donde ofrecen al público artesanías de totoras y en lana, la mayoría de los habitantes de esta isla se dedican a la pesca y el turismo, este préstamo es su primera secuencia dentro de la institución, el Sr. Juan va a usar este préstamo para compra de redes para usar en la pesca, su razón para solicitar este préstamo es aumentar la pesca e incrementar su capital de trabajo, el Sr. Juan enfrenta retos en su negocio que son tener una mejor producción y va a utilizar los beneficios en seguir mejorando en su trabajo ya que este es su único ingreso para mantener a su familia, el Sr. Juan es una persona muy trabajadora se siente feliz por la oportunidad que le brindan.

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
  • 83
    View loans »
    Bolivia Loans Fundraising
  • $28,120,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Juan Erits purchase a fishing net.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014