Ms. Blanca, age 62, has two grown children and works as a general vendor, selling various household items like sheets, comforters, and pillows. She goes to different markets and door-to-door to take orders and makes sales on credit. Ms. Blanca lives in her home in the May 1st district. This loan will be the first she has taken with Emprender [Kiva field partner]. She will use it to make some repairs to her apartment, as there are a lot of things in disrepair that she needs to fix up for her own comfort. Ms. Blanca does encounter some obstacles in her business due to the demand for new products and she will use some of this loan to better meet the needs of her customers by buying a wider variety of products. Ms. Blanco feels happy and grateful to Emprender for the support it has provided by granting her this loan.
La Sra. Blanca tiene 62 años tiene 2 hijos ya todos independientes, ella se dedica al comercio minorista, ofreciendo variedad de productos de dormitorio como juego de sabanas, edredones y almohadas, ella entrega a distintos puestos de venta y domicilios, ya que le hacen pedidos ella entrega sus productos a crédito, la Sra. Blanca vive en su domicilio que se encuentra en la zona de primero de Mayo, este préstamo es el primero que ha tomado con la institución, la Sra. Blanca va a usar este préstamo para la remodelación de su departamento ya que hay muchas cosas que se están deteriorando y necesita este cambio por comodidad para ella, Sra. Blanca enfrenta retos en su negocio que es la demanda que hay de nuevos productos y va a utilizar los beneficios en una mejor atención con la compra de variedad de productos, la Sra. Blanca se siente feliz y agradecido con la institución por el apoyo brindado en la otorgación del crédito.
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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.