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Luis
Luis lives on Tacaya Street in the Villa Ingenio zone of El Alto city. He resides in a house as a caretaker. Luis owns land on which, little by little, he is building his own house. He lives with his two minor children, who are of school age. His other children, already adults, are independent and have their own families.

The loan is destined for buying construction materials (sand, cement, bricks) to continue building his house. This is his first credit with IMPRO. The evaluation carried out qualifies him to receive the loan.
View original language description ↓
Luis vive en la calle “Tacaya” de la zona Villa Ingenio de la ciudad de El Alto, en una casa como cuidador.

Luis posee un terreno donde pocp a poco está construyendo su casa.

Vive junto a sus dos hijos menores, los cuales están en edad escolar, pues sus otros hijos, son mayores, ya tienen su propia familia y son independientes.

El trabaja como contratista en trabajos de decorado y pintado de viviendas, los cuales los realiza con la ayuda de sus hijos

El crédito lo destinará en la compra de materiales de construcción (arena, cemento, ladrillos) para continuar edificando su casa.

Es el primer crédito con Impro, la evaluación realizada lo califica para otorgarle el crédito.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Luis tO BUY MATERIALS FOR CONSTRUCTING WALLS FOR HIS HOUSE.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2009
Listed
Nov 9, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2011