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German
German lives in his own home in the Tacagua neighborhood in the city of La Paz. He is married and all of his children are grown.

He works making wool sweaters in a small workshop located in his home. His wife works there too.

He is asking for this loan to purchase material (wool) and to keep his business stable.

He is an old customer and pays on time, so he is eligible for a new loan.
View original language description ↓
El señor German vive en casa propia en la zona de Tacagua de la ciudad de La Paz, esta casado y todos sus hijos ya son mayores de edad; la actividad que realiza es la confección de chompas de lana en un pequeño taller que instaló en su domicilio en el cual trabaja con su esposa.

El crédito que solicita es para comprar material (lana) y poder mantener su negocio estable.

Es cliente antiguo y paga muy bien por lo tanto puede acceder a un nuevo crédito.

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
  • 187
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped German purchase wool for his sweater making business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2012