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Nelson
Nelson requested a $1000 USD loan to buy cattle because, besides farming, he also sells milk to Pil Andina, an industrial milk processor.

Nelson lives with his wife and children in a community called POKE that is located two hours away from the city of La Paz.

This is his first loan with Impro and the first through Kiva.
View original language description ↓
Nelson solicito 1000 $us, para la compra de ganado, ya que aparte de la agricultura se dedica a la producción de leche, la cual la vende a Pil Andina, planta industrializadota de leche; Nelson vive con su esposa e hijos en su comunidad que se llama POKE,que se encuentra a situada dos horas de viaje de la ciudad de La Paz. Es el primer crédito en impro y el primero vía Kiva.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nelson to buy two medium quality dairy cows to increase milk production.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012