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Sergio
View original language description ↓
Mr. Sergio A. lives in his rental in the area of Obispo Bosque in the city of La Paz with his son. Mr. A. is retired from public administration, but currently works as a driver of public transportation. Because of landslides that occurred ten years ago, he lost his house and the municipal government awarded him a plot of land in the Cotahuma area, where he undertook the construction of a two floor structure for housing. The loan he is requesting is for the construction of three rooms on the ground floor. This is the sixth time that he is applying for a loan and the credit analysis on him qualifies him positively for this loan amount.

Translated from Spanish by Mayra Gould, Kiva volunteer.
















El señor Sergio A. vive en alquiler en la zona Obispo Bosque de la Ciudad de La Paz con su hijo; el señor Alabama es rentista (jubilado) de la administración pública, y actualmente trabaja como chofer de transporte publico.
A causa de deslizamientos ocurridos hace diez años, perdió su vivienda y el gobierno municipal le adjudicó un terreno en la zona de Cotahuma en la que realizó la construcción de estructura para una vivienda en dos niveles.
El crédito solicitado es para la construcción de tres habitaciones en planta baja.
Esta es la sexta ocasión que solicita un préstamo y el análisis socioeconómico realizado lo califica favorablemente 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

  • $2,817
    Average annual income
  • 103
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sergio for the construction of three rooms. (Construcción de tres habitaciones).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2008
Listed
Feb 9, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009