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Fredy is 38 years of age, married, and has three children aged 6, 3 and 1 year of age. He works as a pastry chef, making and selling bread, cookies and cakes in one of the busiest streets in the area of Pampahasi. This is his first loan with this institution.

Fredy plans to use this loan to buy an industrial beater, as he has a large-capacity oven and would like to increase his output. This will allow him to meet his customers’ requests. Fredy faces various challenges with his business, such as competition from a bakery which has greater production capacity. With this loan he will improve his profits.

Fredy is a person who wants to get ahead in life. He is happy and thankful to the microfinance institution for the support given to him, as this is the only source of income he has to provide for his family.
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El Sr. Fredy tiene 38 años, casado con tres hijos de las edades de 6, 3 y un año, el es repostero, se dedica a la elaboración y venta de pan, galletas y tortas en una de las avenidas más concurridas de la zona de Pampahasi, este préstamo es su primera secuencia dentro de la institución, el Sr. Fredy va a usar este préstamo para la compra de una batidora industrial como tiene un horno de mayor capacidad y quiere incrementar su producción y así satisfacer la demandada de sus clientes, Fredy enfrenta retos en su negocio que son la competencia de una panadería que produce en mayor cantidad, con este crédito mejorara sus ganancias, Fredy es una persona con ganas de superación se siente feliz y agradecido con la institución por el apoyo brindado ya que esta es la única fuente de ingresos que tiene para mantener 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 Bolivia

  • $5,500
    Average annual income
  • 124
    View loans »
    Bolivia Loans Fundraising
  • $34,651,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fredy to buy an industrial beater.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 11, 2012
Sep 16, 2012
Currency Exchange Loss:
May 17, 2013