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Abel
Abel is retired, and he has a grocery store. He needs the loan to buy merchandise (rice, sugar, noodles, sweets, and soft drinks, etc.) in order to have a variety of products to offer his customers.

Abel is married and has four children. He lives in his own house in the Alto Sequencoma zone of the city of La Paz.

This is the second time he has worked with Kiva and the sixth time he has requested a loan with IMPRO. He therefore has an excellent credit history.
View original language description ↓
El señor Abel es jubilado y tiene una tienda de venta de abarrotes . El crédito lo requiere para la compra de mercadería (arroz, azúcar, fideos, dulces, refrescos, etc.) para tener una variedad de productos que ofrecer a su clientela. Abel es casado y tiene cuatro hijos. Vive en casa propia la misma queda ubicada en la zona Alto Seguencoma de la Ciudad de La Paz. Es la segunda vez que trabaja con kiva y la sexta vez que solicita un crédito de IMPRO, de tal manera que tiene un historial crediticio excelente.

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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Abel to buy noodles, rice, sugar, and other products for his grocery store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2011
Listed
Jan 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013