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Elena Margarita
Sra. Elena is 55 years old and has two children (ages 11 and 15). She produces overalls from a workshop located in her home in the District of Paraíso.

The purpose of this loan is to buy construction materials for building a small house so that her family can live comfortably. Sra. Elena is a hardworking person who has been at her business for years. She is grateful to Emprender for the support it has provided to her since this business is the only means by which she is able to sustain her family.
View original language description ↓
La señora Elena tiene 55 años y 2 hijos de las edades de 11 y 15 años, ella se dedica a la confección de overoles de trabajo en su taller que se encuentra ubicado en su mismo domicilio por la zona de Paraíso, el destino del crédito es para la compra de material de construcción para la construcción de su casita y así de esta manera brindar comodidad a su familia, la señora Elena es una persona muy trabajadora lleva años en esta actividad está muy agradecida con la institución por el apoyo brindado a ella ya que esta es la única actividad con la que mantiene a su familia.

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 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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About Bolivia

  • $2,817
    Average annual income
  • 113
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,025 helped Elena Margarita to buy construction materials for building a house.
52% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2014
Listed
Mar 4, 2014
Currency Exchange Loss:
Possible