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Alfredo
Alfredo is requesting 700 US dollars. His business is buying raw leather and then tanning it and selling it. He lives with his sister and mother in the Villa Tunari area in the city of El Alto.
With the loan he will buy the raw materials wholesale. This is his second loan with IMPRO, and his first with Kiva.
View original language description ↓
Alfredo solicito 700 $us, se dedica a la compra de cuero en bruto y su posterior curtido y comercialización, vive junto a su hermana y su madre, en la zona villa Tunari de la ciudad de El Alto.
Con el crédito comprara materia prima al por mayor. Este es el segundo 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

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Alfredo to buy raw leather in order to tan it and then sell it to companies that make leather clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Nov 21, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011