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Daniel
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Daniel works providing services in auto body repair/ painting of private and public vehicles. His wife is a fruit merchant and with both incomes they provide for their 5 children - the two oldest being 15 & 17 years old help their father in his work. They live in the area of Villa Tunari in the city of El Alto. This is the second credit KIVA they are requesting. The previous loan was repaid prior to its original maturity date. His new loan will be applied to the purchase of a work tool "oxygen tank" so that he can improve his workshop and generate more income for his family. It is the second loan through Impro, which he's allowed due to his good behavior in paying the first one off.

Translated from Spanish by Mayra Gould, Kiva volunteer.













Daniel presta servicios de chaperia y repintado de vehículos particulares y públicos; la esposa es comerciante ambulante de frutas y de esta manera ellos consiguen sus ingresos principales con los que mantiene a sus cinco hijos, los dos mayores de 15 y 17 años de edad son los ayudantes del padre. Viven en la zona Villa Tunari de la Ciudad de El Alto.

Es el segundo crédito con KIVA; el crédito anterior ha sido cancelado con anticipación a su vencimiento original. Su microempresa paulatinamente se va reactivando y este nuevo préstamo lo aplicara en la compra de herramienta de trabajo “tanque de oxigeno” de esa forma podrá mejorar su taller y generar mayores ingresos para la familia.

Es el segundo crédito con Impro, el buen comportamiento de pago permite otorgarle otro préstamo.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Daniel to purchase an oxygen tank for his auto body shop. (Compra de tanque de oxigeno para su taller de chaperia y pintado de autos).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 4, 2008
Listed
Dec 20, 2007
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009