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Mateo
Mateo and his wife own seven dairy cows. They are producers of milk, which they sell to PIL (Industrial Milk Plant). This is their main source of income, with which they cover the maintenance of their four children. They live in the Tipampa Achacachi community, Omasuyos Provience, of the city of El Alto.

The loan will be used to buy a dairy cow of medium quality, the same kind that provides for the greater part of their milk production.

This is their third loan with Impro. Their good payment history allows Impro to approve another loan requested by Mateo.
View original language description ↓
Mateo y su esposa son propietarios de siete vacas lecheras, son productores de leche, la cual venden a la PIL (Planta Industrializadora de Leche), esta es su principal fuente de ingreso con que cubre la manutención de sus cuatro hijos. Vive en la comunidad Tipampa Achacachi Provincia Omasuyos de la ciudad de El Alto.

El crédito lo destinara para incrementar en la compra de una vaca lechera de mediana calidad, misma que le ayudara para mayor producción de leche.

Es tercer crédito con Impro, el buen comportamiento de pago permite aprobarle otro préstamo solicitado por Mateo.

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

  • $5,500
    Average annual income
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,033,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mateo to buy a dairy cow to increase their milk production.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2009
Listed
Aug 10, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011