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Josefa is 30 years old and married with five children, who are aged 15, 12, 10, 9 and 4. All of them are school-aged. She works knitting leg warmers, sweaters for children and babies, and shawls for women who wear "polleras" (traditional multilayered skirts).

Her workshop is in the town of Oquetiti. This loan is her first with the institution. Josefa will use the loan to buy yarn wholesale to knit her leg warmers and sweaters. At this time she already has a lot of sales. She also delivers orders to different markets in the city of El Alto.

The reason she is applying for this loan is to increase her working capital. The challenge that Josefa faces in her business is stocking her merchandise, so she will use her profits and continue to buy supplies wholesale for knitting her leg warmers and sweaters.
View original language description ↓
La Sra. Josefa tiene 30 años, casada tiene cinco hijos de las edades de 15, 12, 10, 9 y 4 todos se encuentran en edad escolar, ella se dedica a tejido de polainas, chompas de niños, bebes y mantas para las mujeres de pollera, tiene su taller en la comunidad de Oquetiti, este préstamo es su primera secuencia dentro de la institución, La Sra. Josefa va a usar este préstamo para la compra de lana por mayor para el tejido de sus polainas y chompas ya que por esta fechas tiene mucha venta también entrega pedidos a los distintos mercados de la ciudad de El Alto, su razón para solicitar este préstamo es incremento de capital de trabajo, La Sra. Josefa enfrenta retos en su negocio que son surtir su mercadería y va a utilizar los beneficios e seguir comprando por mayor sus materiales para el tejido de sus polainas y chompas.

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
  • $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 Josefa to buy yarn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 9, 2013
Mar 8, 2013
Currency Exchange Loss:
Mar 17, 2014