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Santiago
Santiago, his wife and son, live in his parents’ home in the west section of the Llojeta zone of the city of La Paz. He supports his family with the income earns driving a public bus.

When they first got married, his father gave him a plot of land and he needs to build his home. He will use the money from this loan to build his home. This is his first loan. We have analyzed his socioeconomic situation and believe that he qualifies.
View original language description ↓
El señor Santiago F. vive en casa de sus padres, en la zona de Llojeta, ladera oeste de la ciudad de La Paz, con su esposa y su hijo.
El señor Santiago trabaja como chofer de transporte público, ingresos con los que mantienen a su familia.
Al ser recién casados, su padre le cedió una parte del terreno que tiene y necesitan construir su vivienda.
El crédito solicitado es para la construcción de una habitación, inicio de la construcción de su vivienda propia.
Esta es la primera vez que solicita préstamo y el análisis socioeconómico realizado lo califica favorablemente y puede acceder a un 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $5,500
    Average annual income
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $31,009,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Santiago costo de construir una habitación en el terreno que padre le cedió, como inicio de la construcción de vivienda propia.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011