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Alvina, 24, is a single mother of one four-year-old child.

She lives with her mother, who takes care of her son while she works. She started her business four years ago and she sells natural medicines. She has a store where she displays these medicines. Her products are in high demand so she has been very successful.

She thinks that her business is a blessing, because up until now she has not had any difficulties with it. The products sell well and the store is well-known. She hopes that her business will continue to generate a good income for her.

She would like to refurbish the store because the paint on the walls is a bit worn out and is showing signs of damp. This doesn't reflect the healthy image that her sales give her.

For this reason, she is asking for a loan to refurbish her store and generate more income for the future of her young child.
View original language description ↓
Alvina es una mujer de 24 años de edad soltera y madre de un hijo.
Ella vive con su mamá y su hijo de 4 años, su mamá se encarga del cuidado del su niño mientras ella se ocupa del trabajo, ella inicio un emprendimiento hace cuatro años y se dedica a la venta de productos farmacéuticos naturales. Alvina tiene una tienda donde expone a la venta sus productos naturales, estos productos tienen gran demanda por lo que el negocio prospera muy bien. Alvina piensa que su negocio es una bendición, porque hasta el momento no ha tenido dificultades, los productos tienen gran rotación y el lugar ya es conocido. Ella sueña con que su negocio siga generando buenos ingresos, para ello piensa que debe hacer una remodelación porque el color de las paredes está desgastado y corroído por la humedad, esto va en contra de la buena imagen de sus ventas.
Es por ese motivo que Alvina solicita un préstamo para el refaccionamiento de su tienda y así generar ingresos para el futuro de su bebé.

Additional Information

More information about this loan

This loan is part of an innovative partnership between Kiva Labs and Innovations for Poverty Action to evaluate the effects of product design changes on the welfare of micro-entrepreneurs and on the viability of microfinance institutions. Through this partnership, Emprender is testing several alterations to existing products that aim to address the limitations of financial services currently available to the poor by offering lower interest rates and/or more flexible payment dates. This loan is being offered to the borrower with an innovative flexible loan schedule. Because this product is previously untested and potentially riskier for the microfinance institution, funding this loan on Kiva is particularly important to Emprender.

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
Paying Back

This loan has been fully funded!

A loan of $2,325 helped Alvina to improve her store and generate an income to look after her child.
0% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
At end of term
Jun 16, 2014
Jul 10, 2014
Currency Exchange Loss: