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Froilan
Froilan lives in El Alto's Villa San José de Yunguyo neighborhood.

He has been separated from his wife for quite some time; he lives with his children in a small rented house.

With help from his children, he makes leather jackets and wallets, which he sells at wholesale to various stores in the city.

He will use the funds to buy leather and other raw materials for his shop.

This is his 4th loan with Impro and 3rd through Kiva; the evaluation done indicates that he qualifies for loan approval.
View original language description ↓
Froilan, vive la zona Villa San José de Yunguyo, de la ciudad de El Alto.

El esta separado de su esposa hace bastante tiempo, vive junto a sus hijos en una casita en alquiler.

Se dedica junto a sus hijos en la confección de chamarras de cuero y billeteras, los cuales los vende al por mayor a sus clientes en las diferentes tiendas de la ciudad.


El crédito lo destinara en la compra de cuero y otras materias primas para su producción.

Es el cuarto crédito con Impro y tercero vía Kiva; la evaluación realizada lo califica para otorgar 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

  • $5,500
    Average annual income
  • 230
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Froilan to buy leather.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011