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Francisco
Francisco is a sewer employed in a textile enterprise. His wife works as a seamstress in her home, located in the Ballivian de El Alto zone. She lacks the right sewing machine to make better leather jackets. They have two young children, 6 and 3 years of age.


The loan will be used to buy a proper sewing machine. This will increase her production of jackets to meet the demand that exists in the market.


This is their first loan and the evaluation carried out qualifies them for approval.

View original language description ↓
Francisco es empleado costurero de una Empresa Textil, su esposa trabaja como costurera en su domicilio propio ubicado en la zona Ballivián de El Alto, para una mejor confección de chamarras le hace falta una maquina recta, tienen dos hijos menores de seis y tres años de edad.

El crédito lo destinara para la compra de Maquina Recta, de esa forma podrá incrementar su producción de chamarras para satisfacer la cantidad de demanda que tiene en su mercado.

Es el primer crédito, la evaluación realizada califica para la aprobación del préstamo solicitado por Francisco.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Francisco tO BUY A PROPER SEWING MACHINE.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010