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Lucio
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Mr. Lucio C. lives with his wife and three children in the Pasankeri zone on the western side of La Paz. Lucio is employed by a small construction company and his wife sells clothing in a traveling shop. With previous loans the family has completed two rooms on the ground floor of their home and a concrete slab. This will be the 15th time that the family has requested a loan. A socioeconomic analysis shows them to have good credit and approves the loan. All of the previous loans have been fully repaid.

Translated from Spanish by Casey Unrein, Kiva volunteer.




El señor Lucio C. vive en casa propia en la zona de Pasankeri ladera oeste de la Ciudad de La Paz con su esposa y sus tres hijos; el señor Lucio es empleado en una microempresa de construcción y su esposa vende ropa en un puesto de venta ambulante en nuestra ciudad.
Con créditos realizados anteriormente, realizaron la construcción de dos habitaciones en planta baja y una loza de cemento.


El crédito solicitado será destinado a la construcción de dos habitaciones en planta alta, en la losa de hormigón que tienen ya construido.


Esta es la quinta vez que solicitan un préstamo y el análisis socioeconómico realizado los califica favorablemente y puede acceder a un crédito. Los créditos anteriores han sido cancelados en su totalidad.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lucio construction of two rooms.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 29, 2007
Listed
Nov 14, 2007
Currency Exchange Loss:
Covered
Ended:
Jan 20, 2009