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Miguel
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Miguel and his wife earn their living from selling beef. They travel to the rural zones of La Paz to buy cattle, and take them to the municipal slaughterhouse so they can sell the meat wholesale in their butcher shop. This work provides them with their income to care for 4 children. They live in the zone of Villa Ingenio, in the city of El Alto.



The loan is to buy more cattle to increase their sales, and better meet the demands that exist in their market. This is the sixth loan with Impro. Miguel has been a client of Impro since 2003, and has demonstrated good compliance with the loan payments. He qualifies for this loan he is requesting as well.




Miguel y su esposa son comerciantes de carne de vacuno, viajan a las zonas rurales del departamento de La Paz para comprar ganado que luego llevan al matadero municipal y lo comercializan al por mayor y en su tienda de carnicería.

Esta actividad constituye su fuente de ingreso con que mantienen a sus cuatro hijo; vive en la Zona de de Villa Ingenio de la Ciudad de El Alto.

El crédito requerido es para comprar mas ganado para la venta de carne y satisfacer la cantidad de demanda que existe en su mercado.

Es el sexto crédito con Impro. Miguel es cliente de IMPRO desde el año 2003 y ha demostrado un buen comportamiento de pago que le faculta para la aprobación de su solicitud.

Translated by Kiva volunteer, Emily Charnes

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
  • 138
    View loans »
    Bolivia Loans Fundraising
  • $30,362,825
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel tO PURCHASE CATTLE TO INCREASE THE SALES IN THEIR BUSINESS.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 6, 2007
Listed
Oct 23, 2007
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009