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Rene
René is married and has a small son he lives with in his parents’ house occupying just one small bedroom; the house is located in the city of El Alto’s Villa Adela zone.

René only studied up to secondary school and is currently working more than ten hours per day as a carpenter making doors and wood paneling since he has no other source of income to pay for his son’s medical expenses, food and schooling because he does not have health insurance.

The work he does isn’t very dangerous but it is demanding because he has to carry large bundles of lumber to make the doors.

He needs the loan to buy lumber, nails, glue, paint, etc. to make other things to put up for sale later. His largest payments come from jobs he does to order.

René’s dream is to have his own house to give his family more comfort and to have a larger workshop to improve his quality of life and his income. This is the first time he’s worked with IMPRO and with KIVA.
View original language description ↓
René, es casado y tiene un hijo pequeño, con el cual vive en la casa de sus padres ocupando solo una habitación pequeña, la casa esta ubicada en la zona Villa Adela de la ciudad de El Alto.
René, estudio solo hasta la secundaria y actualmente trabaja por más de diez horas como carpintero realizando puertas y revestimientos en madera ya que no cuenta con otros ingresos para pagar los gastos médicos, alimenticios y de estudios para su hijo, ya que tampoco cuenta con seguro médico.
El trabajo que realiza no es muy peligroso pero si muy sacrificado ya que tiene que cargar con bloques grande de madera para la elaboración de las puertas.
El crédito lo necesita para la compra de maderas, clavos, pegamento, pintura, etc., para la elaboración de otros trabajos para posteriormente ponerlos a la venta. Sus mayores ingresos provienen de trabajos que realiza a pedido.
El sueño de René, es tener su casa propia para dar más comodidad a su familia y también poder tener un taller más grande con esto mejorar su calidad de vida y sus ingresos.
Es la primera vez que trabaja junto a IMPRO y 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 Bolivia

  • $2,817
    Average annual income
  • 90
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rene to buy lumber, nails, glue and paint.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
May 16, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013