Modesto Foronda

Modesto, his wife, and his young son live in the home of his parents, on Achocalla Street in the Llojeta district of the city of La Paz. He manufactures clothing, and with his first loan from IMPRO he bought a sewing machine with an overlock. His wife began using that machine as well, and they went into the shirt-making business. Today they tailor shirts to order for boys from 10 to 15 years of age.

Their goal is to set up a shop and manufacture shirts in bulk for adults so that they can increase profits. Modesto would use this new loan to buy an industrial machine made by the Recta Company and also to buy fabric wholesale so that they can reduce outlay. His previous loan has been repaid in full.

His payment history makes him an excellent candidate for this loan.

Translated from Spanish by Antonio and Sarah Padial, Kiva Volunteers

Modesto vive en casa de sus padres con su esposa y su hijo pequeño en la calle Achocalla de la zona alto Llojeta de la ciudad de La Paz; se dedica a la costura, y ayudado con el primer crédito otorgado por Impro compro una maquina overlock con la cual su esposa también empezó a coser y vieron la forma de confeccionar camisas. Actualmente ellos producen a pedido camisas de niños de 10 a 15 años de edad.

Su objetivo es instalar un taller y poder confeccionar camisas para adultos y hacerlo en más cantidad para poder mejorar sus ingresos. Este nuevo crédito que Modesto solicita será para la compra de un maquina Industrial Recta y tela en cantidad (para rebajar el costo). El préstamo anterior ha sido cancelado en su totalidad.

Su antecedente histórico con Impro, lo califica como cliente preferencial y puede acceder un nuevo crédito.

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