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Froilan
View original language description ↓
Froilan lives in Calle Pasco n. 1175 of San Jose de Yunguyo zone, located in El Alto city. He lives with his three children ages 17, 12 and 8. He makes a living by making leather handbags, wallets, coin purses in his home's workshop. He wishes to use the credit to purchase more materials (leather, liners, threads, etc) to be able to continue with his business. This is his second credit with Impro, the evaluation made qualifies him for another loan. He is an IMPRO client since February 2007.


Translated from Spanish by Maria Peterson, Kiva Volunteer.



Froilan vive Calle Pasco n. 1175 de la zona San jose de Yunguyo, ubicada en la ciudad de El Alto.

Vive junto a sus tres hijos de 17, 12 y 8 años respectivamente.

Trabaja en la confección de chamarras de cuero, monederos y billeteras, en su taller que se encuentra en su domicilio.

El crédito lo destinara en la compra de material (cuero, forros, hilos, etc.) para desempeñar su trabajo.

Es el segundo crédito con Impro, la evaluación realizada la califica para otorgarle el préstamo. Es cliente de IMPRO desde Febrero de 2007

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
  • 226
    View loans »
    Bolivia Loans Fundraising
  • $31,556,725
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Froilan purchase of leather, linings, threads in order to make handbags and wallets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 5, 2008
Listed
Feb 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009