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Eduardo
Eduardo is a milk producer and works as a public transportation driver in the city of La Paz. This is how he supplements his income in order to support his wife and four children. He lives in Comunidad Palomar Rio – Palomar (2 hours south of the city of La Paz). He will use the loan for buying a milking cow of medium breed in order to increase milk production and supply the demand in the area. This is his first credit through Impro and his socioeconomic evaluation qualifies him for granting a loan.

Translated from Spanish by Gabriel Santamaria, Kiva Volunteer.



Eduardo es productor de leche de vaca y trabaja de transportista publico en la ciudad de La Paz; de esta forma complementa sus ingresos con los que cubre la manutención de sus 4 hijos y esposa.

Vive en la Comunidad de Palomar Rio – Palomar, al Sur de La Ciudad de La Paz (A dos horas 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 y satisfacer la demanda en la zona.

Es el primer crédito con Impro y la evaluación socio-económica realizada lo califica para otorgarle el 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

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Eduardo buying a milking cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 26, 2007
Listed
Oct 12, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009