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Vidal
Mr. Vidal L. lives in his own home with his wife and six children in the western part of La Paz, in the zone Pasankeri Ladera. Mr. Vidal is a lower official in the national military and his wife is an employee in a personal residence. Recently they began building five new rooms on their house, which were built through a loan from this institution and personal savings. Of these rooms, four are completed and are occupied by the family. The loan applied for will be used for the completion of the construction of the last room. This is the sixth time that the family has applied for a loan. An analysis of the family shows good socioeconomic classifications and approves the loan. The family has been clients of IMPRO since 1997.


Translated from Spanish by Casey Unrein, Kiva volunteer.



El señor Vidal L. vive en casa propia en la zona de Pasankeri ladera oeste de la Ciudad de La Paz con su esposa y sus seis hijos; el señor Vidal es oficial de baja graduación en el ejército nacional y su esposa es empleada en un domicilio particular.
Actualmente construyeron cinco habitaciones que fueron construidas con créditos en nuestra institución y ahorros propios, de los cuales están concluidas cuatro, las que están siendo ocupadas por la familia.
El crédito solicitado será destinado a la conclusión de la construcción en obra fina de una habitación.
Esta es la sexta vez que solicitan un préstamo y el análisis socioeconómico realizado los califica favorablemente y puede acceder a un nuevo crédito. Son clientes de IMPRO desde el año 1997.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Vidal completion of addition on home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 31, 2007
Listed
Oct 17, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009