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Celestino is a long time client of our institution, he is a baker and makes different varieties of breads in a homemade oven built from adobe as they used to make in the past. Celestino says that he is most practical and thrifty and, together with his wife, this is how they have raised their children. Despite his age he is still working. He lives in the Puerto Rico locality in the municipality of El Torno.

The purpose of the loan was to increase his working capital as capital was withdrawn by accident and he is rebuilding his business.

He is very grateful to Emprender and Kiva for the confidence given through the granting of the loan.
View original language description ↓

El Sr. Celestino Es cliente antiguo en nuestra institución, su actividad es la panificación, realiza panes de distinta variedad en un horno casero realizado de adobe como lo hacian en epocas pasadas, dice el señor Celestino que es mas practico y economico , con lo cual junto con su esposa han criado a sus hijos, y a pesar de su edad sigue trabajando. Vive en la localidad de puerto Rico Municipio de El Torno.

El destino del crédito fue para aumentar su capita de trabajo ya que por un accidente se descapitalizo y esta recuperando su negocio

Esta muy agradecido con Emprender y Kiva por la confianza brindada en la otorgacion del credito.

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

  • $5,500
    Average annual income
  • 118
    View loans »
    Bolivia Loans Fundraising
  • $36,709,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Celestino iNCREASE WORKING CAPITAL.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Dec 26, 2009
Feb 1, 2010
Currency Exchange Loss:
Aug 15, 2011