She is enterprising, fighting, strong, visionary, and very hard working. She does her business in the Villa Adela zone, a place characterized by the growing business everywhere.
Eulalia has a brown complexion, long, black, braided hair, black eyes, short stature, and dresses traditionally. Her native language is Aymara. She uses Spanish for business in the city. She sells llama wool. She travels great distances through the high Bolivian plains to find llama wool producers and buy the wool. Once she gets the amount she needs, she goes back to her shop where she puts together the wool to turn it into a thin thread and weave it into llama wool blankets. Her desires to expand her business have brought her to train herself in weaving with a machine to be able to produce larger quantities of blankets. Her dream is to have a llama wool blanket production shop. She needs to buy a weaving machine and put her dreams into motion.
It is for these reasons that Eulalia is requesting a loan to purchase a weaving machine to begin working on her dreams.
Ella es emprendedora, luchadora, fuerte, visionaria y muy trabajadora, su negocio lo realiza en la zona de ‘Villa Adela’ un lugar caracterizado por el creciente comercio en todas las áreas.
Eulalia es de tez morena, cabello negro largo trenzado, ojos negros, estatura baja, su forma de vestir es tradicional. Su lengua materna es el aymara, utiliza el español para el comercio en la ciudad, su actividad es la venta de lana de vicuña. Ella viaja grandes distancias por el altiplano boliviano para encontrar a productores de lana de vicuña y comprarles la lana, una vez que recolecta la cantidad necesaria, retorna a su taller donde hilvana la lana para convertirla en un hilo delgado y dedicarse al tejido de mantas de vicuña. Sus deseos por expandir su negocio la han llevado a capacitarse en tejido a máquina para poder producir mayores cantidades de mantas. Su sueño es tener un taller de producción de mantas de vicuña, ella necesita comprar una máquina de tejer y dar pie al inicio de sus sueños.
Es por esos motivos que Eulalia solicita un préstamo para la compra de una máquina de tejer y comenzar a cumplir sus sueños.
More information about this loan
This loan is part of an innovative partnership between Kiva Labs and Innovations for Poverty Action to evaluate the effects of product design changes on the welfare of micro-entrepreneurs and on the viability of microfinance institutions. Through this partnership, Emprender is testing several alterations to existing products that aim to address the limitations of financial services currently available to the poor by offering lower interest rates and/or more flexible payment dates. This loan is being offered to the borrower with a reduced interest rate. Because this product is low-interest, previously untested and potentially riskier for the microfinance institution, funding this loan on Kiva is particularly important to Emprender.
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.
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This loan has been fully funded!