Funded

Total loan: $1,450
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Lucio

Bolivia
El Alto, Bolivia / Personal Housing Expenses

A loan of $1,450 helped to buy construction material to build a wall on his land.


Lucio's story

Lucio, age 64, is married and has children who are now independent. Lucio makes clothes in his sewing shop in the Munaypata area.

This loan is his first cycle with the institution. Lucio is going to use the loan to buy construction materials to build a wall on his land. The reason for requesting this loan is his lack of capital. Lucio faces challenges in his business due to the competition in the market and his lack of machinery to make clothes. He will continue working hard in order to buy the machines he needs.

This way he will increase his working capital. He wishes for his business are to have a larger sewing shop and to hire people to help him make the clothes.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

9 months
Disbursed date: July 11, 2012

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: July 11, 2012