Sol De Vino Tinto * 26 Group
The bank president is Sra. Lourdes. She is 47 years old, married, and has two children (ages 8 and 13). Lourdes sells a variety of soft drinks from a vending post located at one of the busiest markets in the city of La Paz. This loan is her first transaction with Emprender. Sra. Lourdes will use the money to buy construction materials for building her small home. This will provide comfort for her family. Her reason for requesting this loan is to improve her quality of life.
Sra. Lourdes is a hardworking person who is pleased with the opportunity that has been given.
About EmprenderEmprender 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.
This is a Group Loan
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid