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Fausto
Fausto is married and has 3 children. Fausto sells bulls and his wife sells small quantities of potatoes in the markets of the city of El Alto. He needs the loan to increase his wife's capital so that she will be able to buy greater quantities of potatoes and different varieties. They live in a rented home in the 16 de Julio zone in the city of El Alto.
View original language description ↓
El señor Fausto de dedica a la venta de toros y su esposa vende papa al por menor el las ferias de la ciudad de El Alto. El crédito lo requiere para el aumento de capital de su esposa y así ella podrá adquirir mayor cantidad de papa y de diferentes variedades. Viven en alquiler en la zona 16 de Julio de la ciudad de El Alto; Fausto es casado y tiene tres hijos.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fausto to buy greater quantities and varieties of potatoes so that his wife can sell them in the markets of El Alto.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012