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Luis
Sr. Luís is a retired military pensioner. The loan he is requesting will be used to refurbish the floor of his garage which has completely worn out over time. He lives in his own home in the District of Alto Sopacachi in the city of La Paz. Luís is a widower and has three children.


This is the first time he has requested a loan. His income enables him to easily make the monthly payments.

View original language description ↓
El señor Luís es rentista jubilado del sector militar. El crédito lo requiere para la refacción de pisos en su garaje, pues con el tiempo se ha desgastado completamente. Vive en casa propia ubicada en la zona Alto Sopocachi de la ciudad de La Paz; es viudo y tiene tres hijos. Esta es la primera vez que solicita un crédito, pero sus ingresos le permiten fácilmente efectuar los pagos mensuales.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $2,817
    Average annual income
  • 99
    View loans »
    Bolivia Loans Fundraising
  • $29,524,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Luis to refurbish the floor of his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012