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Emily Milenka
Milenka is 20 years old. She works knitting wool sweaters and wraps from alpaca wool for women who wear traditional skirts. She has her workshop and residence in the Kalajahuira area. This loan is her first cycle in the institution. Milenka is going to use this loan to buy alpaca wool wholesale to knit her sweaters and wraps since she sells alot this time of year because it is very cold. She also delivers orders to different markets in the city of El Alto. Her reason for asking for this loan is to increase her working capital. Milenka faces challenges in her business such as stocking her merchandise and she is going to use the profits to keep buying her materials wholesale to knit her sweaters.
View original language description ↓
La Sra. Milenka tiene 20 años, ella se dedica a tejido de chompas y mantas de Alpaca para la mujeres de pollera, tiene su taller y domicilio en la zona de Kalajahuira, este préstamo es su primera secuencia dentro de la institución, la Sra. Milenka va a usar este préstamo para la compra de lana de alpaca por mayor para el tejido de sus chompas y mantas ya que por esta fechas tiene mucha venta ya que hace mucho frio, también entrega pedidos a los distintos mercados de la ciudad de El Alto, su razón para solicitar este préstamo es incremento de capital de trabajo, la Sra. Milenka enfrenta retos en su negocio que son surtir su mercadería y va a utilizar los beneficios e seguir comprando por mayor sus materiales para el tejido de sus chompas.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $30,226,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Emily Milenka to buy alpaca wool wholesale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jun 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014