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Francisco
Francisco works making shoes and his wife is a merchant and takes trips to the west of the country. He needs the loan to buy: color samples, glues, and insoles. He lives in his own house, which is in the area called 16 De Julio in the city of El Alto. He is married and has one son. This client is satisfied with the loans that have been awarded to him as he was able to increase his business capital and grow his business. He has been a client of ours since 2005.
View original language description ↓
El señor Francisco se dedica a la elaboración de calzados y su esposa es comerciante y realiza viajes al oriente del país. El crédito lo requiere para comprar: cuerinas, pegamentos, plantillas. Vive en casa propia la misma esta ubicada en la zona 16 De Julio en la ciudad de El Alto, es casado y tiene un hijo. El cliente esta satisfecho con los créditos que se le otorgaron ya que pudo aumentar su capital de trabajo y ampliar su negocio. Es cliente nuestro desde el año 2005.

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
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Francisco to buy materials like color samples, glue, insoles, for his shoe making business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 15, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012