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Gerardo
View original language description ↓
Gerardo lives with his mother in his own house in La Paz. His activity involves making sombreros (hats) for children and adults. He is also starting to make suits and jackets. He is seeking a loan to purchase a sewing machine and more raw materials for his products.



His previous history qualifies him as a good loan candidate.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



El señor Gerardo vive en casa propia con su mama en la Av. Buenos aires de la zona Tiwiña de la ciudad de La Paz; la actividad que realiza es la confección de sombreros de niños y adultos, también está empezando a elaborar trajes, chamarras etc.

El crédito que solicita es para comprar una maquina de coser y comprar más material para la confección de trajes y chamarras, así como también sombreros.

Su antecedente histórico lo califica como buen cliente y puede acceder a un nuevo crédito.

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

  • $5,500
    Average annual income
  • 177
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gerardo purchase sewing machine, material, thread, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 9, 2008
Listed
Jan 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009