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Pedro
Pedro earns income from rent he receives monthly and also works as a merchant together with his wife. He needs the loan to build a garage at his house to provide more comfort for his family because he currently parks his car in the street and that's very dangerous. Pedro is married and has four children he lives with in his own house located in the city of La Paz's Las Lomas zone. This is the second time he works with IMPRO and the first with KIVA.
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Pedro, tiene ingresos de la renta que recibe cada mes y también se dedica al comercio junto a su esposa.
El crédito lo requiere para la compra de cemento, arena y piedra para la construcción de un garaje en su casa para brindar más comodidad a su familia, pues actualmente la movilidad que tiene la parquea en la calle y es muy peligroso.
Pedro, es casado y tiene cuatro hijos con los cuales vive en casa propia en la zona Las Lomas ubicada en la ciudad de La Paz.
Es la segunda vez que trabaja con IMPRO y la primera vez junto a KIVA.

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

  • $5,500
    Average annual income
  • 163
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Pedro to purchase cement, sand, and rocks to build a garage in his home.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2012
Listed
Mar 13, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013