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Raul is 35 years old and is a fisherman. He lives on an island in lake Titicaca, a tourist center in the department of La Paz where handicrafts made of cattails and wool are offered to the public. The majority of the island's inhabitants are engaged in fishing or tourism. This loan is his first loan cycle with the institution. Raul is going to use the loan to buy nets to use for fishing. His reason for requesting the loan is to increase his catch and increase his working capital. Raul faces challenges in his business like increasing production and is going to use the profits in continuing to improve in his work, since this is his only source of income for supporting his family. Raul is a hard-working person. He feels happy for the opportunities provided him.
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El Sr. Raul tiene 35 años y se dedica a la actividad de la pesca el vive en una isla del lago titicaca, centro turístico del departamento de La Paz donde ofrecen al público artesanías de totoras y en lana, la mayoría de los habitantes de esta isla se dedican a la pesca y el turismo, este préstamo es su primera secuencia dentro de la institución, el Sr. Raul va a usar este préstamo para la compra de redes para usar en la pesca, su razón para solicitar este préstamo es aumentar la pesca e incrementar su capital de trabajo, el Sr. Raul enfrenta retos en su negocio que son tener una mejor producción y va a utilizar los beneficios en seguir mejorando en su trabajo ya que este es su único ingreso para mantener a su familia, el Sr. Raul es una persona muy trabajadora se siente feliz por la oportunidad que le brindan.

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
  • 153
    View loans »
    Bolivia Loans Fundraising
  • $36,669,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Raul to buy nets to use for fishing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 14, 2013
Currency Exchange Loss:
Apr 26, 2014