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Teofilo
Teofilo is 58 years old, married and has two children. He is a fisherman and lives on an island in Lake Titicaca, a tourist area in the La Paz department. In this area, tourists can buy woolen and reed artisan products. The majority of the island's inhabitants make a living in the fishing and tourism industries. This is Teofilo's first cycle with the communal bank and he will use this loan to buy a fishing boat with a larger capacity. Teofilo sells his fish in the city of La Paz and, with this new boat, he wants to increase production and satisfy his customers demands. Teofilo is facing challenges in his business, such as the wind, causing high waves, which means that he cannot fish. Teofilo has a desire to get ahead and is happy and grateful to the institution for the support being provided. This work is Teofilo's only source of income for supporting himself.
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El Sr. Teofilo tiene 58 años, casado con dos hijos, el es pescador 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. Teofilo va a usar este préstamo para la compra de una bote pesquero de mayor capacidad su mercadería producto de su pesca lo venden en la ciudad de La Paz y con este nuevo bote quiere incrementar su producción y así satisfacer la demandada de sus clientes, el Sr. Teofilo enfrenta retos en su negocio que son el viento que no le permite pescar por el olaje que levanta, El Sr. Teofilo es una persona con ganas de superación se siente feliz y agradecido con la institución por el apoyo brindado ya que esta es la única fuente de ingresos que tiene para mantenerse.

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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.

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About Bolivia

  • $2,817
    Average annual income
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $30,192,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Teofilo to buy a new fishing boat.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2013
Listed
Aug 4, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 22, 2014