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Samuel
Samuel is 27 years old. He has 4-year-old twin sons. He makes a living by selling new children's clothing in a store located in a very busy part of the city of El Alto.

This will be his second loan with this institution. Samuel will use this loan to buy merchandise to re-stock his store. The reason that he requests this loan is that, because of the change of season, he needs to buy new merchandise to re-stock the store and he lacks cash.

Samuel faces challenges in his business, like the location, which is centrally situated but dangerous. There is also a lot of competition nearby and he constantly needs to update his merchandise.

He will use the benefits to purchase more merchandise to stock the store and save money, since his dream for his business is to open another store and expand and grow his business, and also to expand to the city of La Paz.
View original language description ↓
El Sr. Samuel tiene 27 años tiene 2 hijos que son gemelas de 4 años, el señor se dedica a la venta de ropa nueva juvenil en una tienda que se encuentra ubicado en la zona muy concurrida de la ciudad de El Alto, este préstamo es su primera secuencia con la institución, el Sr. Samuel va a utilizar este préstamo para la compra de mercadería para cambio de stock de la tienda, su razón para solicitar este préstamo es por el cambio de temporada comprara nueva mercadería para surtir su tienda y le hace falta efectivo, el Sr. Samuel enfrenta retos en su negocio los cuales implica la ubicación que es céntrica en pero a su vez peligrosa ya que en inmediaciones de la misma existe mucha competencia y necesita constantemente renovar mercadería, va a utilizar los beneficios en la compra de mas mercadería para surtir la tienda y ahorrar para poder ya que su deseo para su negocio es tener otra tienda y así poder expandirse y crecer con su negocio, además de expandirse en la ciudad de La Paz.

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
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,607,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Samuel to buy merchandise to re-stock his store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014