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Franklin Alfredo
Mr. Franklin is 26 years old, he has a 4 year old son, and he works making doors and aluminum kitchen furniture. He has his own carpentry workshop that is located in the zone 16 de Julio, in the city of El Alto. He has been involved in this business for 6 years, a business he learned from his father who also made aluminum furniture. This is his first loan in a sequence with this financial institution. Mr. Frankloin will use this loan to purchase construction material to expand his workshop and the reason he needs this loan is because of the lack of working capital needed to purchase these items, also, this way he will be able to do so without added stress. Mr. Franklin faces challenges in his business such as making his way out of poverty by using his additional earnings to improve his quality of life, since this is the only economic activity he has to allow him to support himself and to support his family. And so, he feels happy and thankful for the financial institution that will lend him this money.
View original language description ↓
El Sr. Franklin tiene 26 años, tiene un hijo de 4 años, el se dedica a la construcción de puertas y muebles de cocina de aluminio, tiene su taller carpintería que se encuentra ubicado en la zona de 16 de Julio de la ciudad de El Alto se dedica a esta actividad desde hace ya 6 años esta actividad lo aprendió de su padre quien también realiza muebles de aluminio, este préstamo es su primera secuencia dentro de la institución, El Sr. Franklin utilizara este préstamo para la compra de material de construcción para ampliación de su taller, su razón para solicitar este préstamo es la falta de capital para la compra de este material ya que así tendrá mayor comodidad, El Sr. Franklin enfrenta retos en su negocio que son salir de la pobreza va a utilizar los beneficios para mejorar su calidad de vida, ya que esta es su única actividad que le permite mantenerse y mantener a su familia, por este motivo se siente feliz ya agradecido a 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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Franklin Alfredo purchase construction material.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015