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Alberto
Alberto makes artisan crafts and works with straw manufacturing baskets, hats, place mats, etc. He also sells cow milk, from which he supplements his earnings in order to support his wife and three children. He lives in Comunidad de Batallas – Caluyo (two hours away from La Paz). He will use the loan for buying a milking cow of medium breed in order to increase milk production. This is his second credit through Impro and his good payment records qualify him for obtaining another loan.

Translated from Spanish by Gabriel Santamaria, Kiva Volunteer.



Alberto es artesano y realiza trabajo manual en paja como ser cestería, sombreros e individuales de comedor, etc. También es productor de leche de vaca con cuyas ventas complementa sus ingresos y así mantiene a sus tres hijos y esposa.

Vive en la Comunidad de Batallas - Caluyo (A dos horas y media de la ciudad de La Paz).

El crédito lo destinara para la compra de una vaca de raza mediana para incrementar la producción de leche.

Es el segundo crédito con Impro y el buen historial de pagos le permite acceder a otro préstamo.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Alberto buying a milking cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 26, 2007
Listed
Oct 11, 2007
Currency Exchange Loss:
N/A
Ended:
May 15, 2009