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Cirilo
Cirilo lives in his own house in the Pasankeri zone of the city of La Paz. He is married and has three children, who are all married and independent. Cirilo works as an electrician at the Cota Huma town hall. He is asking for a loan to increase his capital and to buy staple products such as sugar, rice, flour, etc., since his wife runs a grocery store out of their home to increase the family's earnings.

He is a client of Impro, he is very good with payments, and his social character qualifies him to obtain a loan.
View original language description ↓
El señor Cirilo vive en casa propia, en la zona de pasankeri de la ciudad de La Paz, esta casado tiene tres hijos todos casados e independientes; Cirilo trabaja en la Alcaldía de Cota huma en el área de electricidad. El crédito que solicita es para aumentar su capital y comprar productos de primera necesidad, como azúcar, arroz, harina, etc., ya que en la casa tiene instalada una tienda de abarrotes la cual atiende su esposa para aumentar los ingresos de su hogar.

Es cliente de Impro y paga muy bien y por el carácter social califica para obtener un 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

  • $2,817
    Average annual income
  • 99
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Cirilo to buy sugar, rice, flour, etc., for his wife's grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 15, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011