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Miguel
Miguel lives with his wife and children in his own home located in the Alto Chijini zone. He is a professional musician who plays in a band at social gatherings on the weekends. This allows him to earn enough of an income to be able to support his family.

He is asking for this loan in order to buy musical instruments to be able to continue his trade. This is his first loan through Impro. The analysis of his income and expenses qualifies him for this loan.
View original language description ↓
El señor Miguel vive en casa propia con su esposa e hijos en la zona de alto Chijini; de profesión músico, la actividad que el realiza es la de tocar en una orquesta los fines de semana en acontecimientos sociales, donde percibe una ganancia que le permite mantener a su familia.

El crédito que solicita es para comprar instrumentos musicales para seguir en su actividad..

Es la primera vez que silicita crédito en Impro y el análisis de su flujo de ingresos y egresos muestra que 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 Bolivia

  • $2,817
    Average annual income
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Miguel musical instruments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 11, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011