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Elena
Elena, 19, makes a living knitting alpaca sweaters and blankets for women. Her workshop and home are in the Sajama area.

This is Elena's first loan sequence with the institution. She's requesting it to increase her capital for buying a knitting machine because she has a lot of orders and makes the garments on request.

The challenge Elena faces in her business is selling her products in different markets in the city of El Alto. She's going to use the profits to continue making wholesale purchases of materials for knitting her sweaters.
View original language description ↓
La Señorita Elena tiene 18 años, ella se dedica a la actividad del tejido de chompas y mantas de Alpaca para mujeres, tiene su taller y domicilio en la zona de Sajama, esta es su primera secuencia dentro de la institución, solicita este préstamo para la compra de una maquina de tejer ya que tiene muchos pedidos ya que ella realiza las prendas según pedido, su razón para solicitar este préstamo es incremento de capital de trabajo, La señorita Elena enfrenta retos en su negocio que son poder ofrecer sus productos en distintos mercados de la ciudad de El alto, va a utilizar los beneficios en seguir comprando por mayor sus materiales para el tejido de sus chompas.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Elena to buy a knitting machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Jan 6, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014