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Remigio
View original language description ↓
Remigio sells milk from his cows to a commercial dairy called Pil Andina. He also works as a chauffeur to supplement his income and support his family. He lives in Achacachi -Tipampa, about two hours from La Paz. He would use his loan to buy another dairy cow to increase his yield of cow's milk. This is his first loan from IMPRO, which rates him as a very good loan risk.

Translated from Spanish by Antonio Padial, Kiva Volunteer

Remigio es productor de leche de vaca, la misma que Remigio comercializa a Pil Andina (Planta Industrializadora de Leche); el también trabaja como chofer y asi completa los ingreso con los que mantiene a su familia.

Vive en la Comunidad de Achacachi - Tipampa (A dos hora de la ciudad de La Paz).

El crédito le invertirá en la compra de una vaca de raza mediana para incrementar la producción de leche.

Es el primer crédito con Impro y la evaluación realizada le califica para otorgarle el préstamo.

Additional Information

About IMPRO

IMPRO is a small non-profit organization that has been offering micro credit to the working poor in the Bolivian cities of La Paz and El Alto since 1995. IMPRO’s goal is to fight poverty by offering loans to small business owners who cannot access credit through the regular banking system due to a lack of guarantees or collateral.

To ensure that everyone has access to credit, IMPRO maintains a low interest rate by minimizing operational costs. IMPRO’s partnership with Kiva, which began in 2007, has allowed IMPRO to expand its services while maintaining these low interest rates.

About Bolivia

  • $2,817
    Average annual income
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $29,522,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Remigio to buy a cow.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 6, 2007
Listed
Jun 21, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009