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Fausto
Fausto is a driver. He requires a loan to buy a brake system and new tires for his vehicle as it is through his passenger transport business that he covers his expenses. Fausto lives in his mother's home which is located in the Las Delicias neighborhood, in the city of La Paz. He is married and has two children. This is the first time that he has worked with IMPRO and Kiva.
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El señor Fausto es chofer, el crédito lo requiere para la compra de un sistema de frenos y el cambio de llantas, pues esta actividad de transporte de pasajeros que realiza cubre los gastos que tiene. Vive en casa de su madre ubicada en la zona Las Delicias de la ciudad De La Paz, es casado y tiene dos hijos. Es la primera vez que trabaja con IMPRO y 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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Fausto to buy brakes and new tires for his vehicle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Apr 15, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012