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Gregorio
View original language description ↓
Gregorio lives on Viscachani Street in the Alto Tacagua zone of the city of La Paz.



He lives with his wife and two children, and works in construction and also selling CDs throughout the streets of the city.



The loan would be invested in the purchase of more CDs for his business so he can increase his earnings for his family.



This is his first credit with IMPRO. The evaluation conducted indicates he qualifies for credit.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



Gregorio vive en la calle Viscachani de zona de Alto Tacagua de la ciudad de La Paz.

Vive junto a su esposa y sus dos hijos,; trabaja como constructor y también se dedica a la venta de CDs por las calles de la ciudad.

El crédito será invertido en la compra de más CDS para su negocio y así incrementar sus ingresos económicos en su familia.

Es el primer crédito con Impro. La evaluación realizada la califica para otorgarle el 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

  • $5,500
    Average annual income
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Gregorio working capital to purchase more CDs for his business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 12, 2008
Listed
Mar 29, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009