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Felix
View original language description ↓
Félix owns a car that he uses as a radio taxi. The car is used as a inter-city public transport between La Paz and El Alto. His wife has a snack bar (tea, coffee, sandwich) which generates income that's used to cover costs like providing for his son. They live in the area of Los Andes in the city of El Alto.



The requested loan will be used to increase the amount of merchandise in his wife's snack bar, which will ultimately bring in greater income for the family. This is his fifth loan with IMPRO. A completed credit evaluation qualifies Félix for this loan.

Translated from Spanish by Geraldine Kim, Kiva Translator.




Félix tiene su movilidad propia que trabaja de radio taxi - transporte publico inter ciudad La Paz - El Alto. Su esposa tiene una snack de refrigerios (té, café, sándwich) con cuyos ingresos alcanzan a cubrir los gastos de mantenimiento propios como los de su hijo; vive en la Zona Los Andes de la Ciudad de El Alto.



El crédito solicitado será utilizado para incrementar la mercadería en su snack e incrementar sus ingresos familiares.
Es el quinto crédito con IMPRO y la evaluación realizada permite aprobar el préstamo solicitada por Felix.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $30,204,750
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Felix to buy merchandise for his wife's snack bar.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 26, 2007
Listed
Nov 11, 2007
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009