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Policarpio
Policarpio is a construction worker. He builds houses and his wife sells clothing. They have four children. Two of them are independent. He has his own house and lives in the Alto Chijini area in the city of La Paz.
This loan is requested to cover the costs of buying an engine for a cement mixer for his home construction company.
This is his fifth loan with IMPRO and this is his second loan with Kiva. He is an excellent client.
View original language description ↓
Policarpio es albañil, trabaja como constructor de vivienda y la esposa es comerciante de ropa; tienen cuatro hijos dos de ellos son independientes; tiene su casa propia. Viven en la zona Alto Chijini de la ciudad de La Paz.
El crédito que solicita es para cubrir el costo de compra de motor para la mezcladora de cemento que posee para su negocio de construcción de viviendas.
Es el quinto crédito con IMPRO y el segundo via Kiva. Excelente cliente.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $30,286,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Policarpio to buy an engine for a cement mixer used for his construction work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012