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Lucio
Lucio is 47-years-old, has 7 children that are of different ages and all of them are of school age. He works in the retail trade, offering a variety of products depending on the season such as wallets, purses for different occasions, and sunglasses. He sells by walking around streets and neighborhoods offering his products.

This loan is the first loan through the institution. Lucio will use the loan to purchase merchandise of wholesale glasses. Lucio faces obstacles to his business such as the demand for new products. He is going to use the benefit in a better way and buy a variety of products. Lucio is happy and grateful with the institution for the help provided in obtaining a loan.
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El Sr. Lucio tiene 47 años, casado con 7 hijos que son de las edades, todos ellos se encuentran en edad escolar, el se dedica al comercio minorista, ofreciendo variedad de productos según la temporada, como billeteras, monederos de distintos en esta ocasión el está vendiendo gafas de sol, vende de manera ambulante visitando calles barrios y mercados ofreciendo sus productos, este préstamo es su primera secuencia dentro de la institución, el Sr. Lucio va a usar este préstamo para la compra de mercadería de gafas al por mayor, el Sr. Lucio enfrenta retos en su negocio que es la demanda que hay de nuevos productos y va a utilizar los beneficios en una mejor atención y comprando variedad de productos, el Sr. Lucio se siente feliz y agradecido con la institución por el apoyo brindado en la otorgación del crédito.

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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Lucio to purchase wholesale sunglasses.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014