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Armando
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Armando sells milk and is also starting to sell pork. He learned this business from his father who has a lot of experience in this area. The whole family is dedicated to this business and it's their main source of income. As the oldest brother in the family, Armando helps with the household costs. They live in the community of Ninachiri - Laja, located about an hour and a half from La Paz. The loan will be used to buy a dairy cow, in order to increase the quantity of milk they can sell to the dairy factory. This is his first loan with Impro and the evaluation shows that he is qualified to receive the credit.




Armando es productor de leche y se esta iniciando como comerciante de carne de cerdo; estas actividades han sido transmitidas por su padre, quien tiene bastante experiencia en los rubros. Actualmente toda la familia se dedica a estas actividades y es su principal fuente de ingreso.

Armando es el hermano mayor de la familia y colabora con los gastos del hogar, vive en la Comunidad de Ninachiri – Laja (Ubicado a una hora y media de la ciudad de La Paz).

El crédito requiere para comprar una vaca lechera de mediana calidad y forraje, para incrementar la cantidad de leche que vende a PIL Andina (fábrica de productos lácteos).

Es el primer crédito con Impro y la evaluación que se realizó permite aprobarle el préstamo solicitado.

Translated by Kiva volunteer, Emily Charnes

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
  • $29,636,400
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Armando tO BUY A DAIRY COW FOR THE FAMILY BUSINESS.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 4, 2008
Listed
Jan 21, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009