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Arminda
Armida is 44 years old, married with two children who are 12 and 14 years old. She works selling clothing from a market stall in the Villa Esperanza zone of El Alto.

This will be her second loan from this microfinance institution, and Armida plans to use the loan to buy construction materials like cement, brick, and other materials to add a room to her house and make it more comfortable for her family. Armida faces many challenges in her business, including high competition since there are many people in her area who also sell clothes, but she is always varying her merchandise. She is very happy and grateful for the opportunity that she is provided with because it allows her to support her family and improve her home.
View original language description ↓
La señora Armida tiene 44 años y es casada con hijos de las edades de 12 y 14 años, ella se dedica a la venta de ropa de trabajo en su puesto de venta que se encuentra en la zona de Villa Esperanza, este préstamo es su primera secuencia dentro de la institución, la señora Armida va a usar este préstamo para la compra de material de construcción como cemento, ladrillos y demas materiales, para la construcción de un cuarto en su casa y así tener ella más comodidad y tambien brindar mas comodidad a su familia, la señora Armida enfrenta retos en su negocio que son la competencia ya que en la zona hay muchas personas que se dedican a la venta de ropa, péro ella siempre esta variando su mercaderia, se siente feliz y agradecida por esta oportunidad que le brindan en la otorgación del crédito ya que esta es su unica actividad que le permite mamntener asu familia y mediante esta actividad tambien mejorar la construccion y el arreglo se su casita.

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
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Arminda to buy construction materials like bricks, cement, and doors.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014