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Julio, who has already received a loan through the organization, was invited to take out a second individual loan because he has shown himself to be responsible and punctual with his payments. He is only 21 years old, but he knows his business very well since it is practically a family inheritance. He lives with his mother and three younger brothers who he supports because his father passed away at a young age. He learned his trade very young because he was forced to become the head of the household and support his mother. Like many young men he has many aspirations. He hopes to build a bigger shop and purchase computerized embroidery machines and hire employees. Currently he does all the embroidery by hand with an electric sewing machine and the work is very meticulous and requires total concentration. He also hopes to earn a degree that will help him lift up this small business that he is building. With the current loan he will buy a embroidery machine that is for sale and thus grow his shop.
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El Joven Julio cliente que tiene un ciclo de antigüedad, este seria su segunda secuencia por el negocio que realiza se le invito a sacar un crédito individual ya que demostró ser responsable y puntual, considerando que es muy joven, puesto que cuenta con 21 años de edad y conoce muy bien su negocio el cual prácticamente es una herencia familiar, julio vive con su mamá y sus tres hermanos menores a quienes ayuda a mantener porque su padre falleció, tuvo que aprender este oficio desde muy joven ya que la necesidad le obligo a asumir responsabilidades de jefe de hogar apoyándole a su mama el como todo joven tiene aspiraciones como por ejemplo ampliar su taller y comprar maquinas bordadoras computarizadas y poner empleados, al momento el realiza los bordados de manera manual con una maquina bordadora eléctrica y su trabajo es muy minucioso y requiere mucha concentración , también desea estudiar una carrera que le ayude a levantar esta pequeña empresa que esta forjando; por lo pronto con el dinero del crédito comprara una maquina bordadora que por ocasión le están ofreciendo y así esta creciendo su taller.

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
  • 123
    View loans »
    Bolivia Loans Fundraising
  • $36,721,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Julio purchase of embroidering machines.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 26, 2011
Feb 15, 2011
Currency Exchange Loss:
Mar 15, 2012