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Efrain
Efraín is married and has three children. He lives in a rented house, occupying one room with adobe walls and a dirt floor. The house is located in the Pasankeri area of the city of La Paz.

Efraín only went to school up to high school. He currently works as a driver in public transportation. He works over eight hours a day. He also has income from his wife. She works selling coffee in an itinerant manner at a market in the city. This way both of them cover the food, education, and medical expenses for the family. They do not have medical insurance.

They need the loan to install their own electric and water meters in the house. There are various renters in the house, and the consumption is very high. That is why they need this service.

Efraín’s dream is to have his own house. He wants this in order to improve his quality of life and to make his family more comfortable.

This is the first time he has requested a loan from IMPRO and Kiva.
View original language description ↓
Efraín, es casado y tiene tres hijos vive en una casa alquilada ocupando solo una habitación con paredes de adobe y el piso de tierra, la casa esta ubicada en la zona Pasankeri de la ciudad de La Paz.
Efraín, estudio solo hasta el bachillerato y actualmente trabaja como chofer en el área del transporte público por más de ocho horas al día, también cuenta con los ingresos de su esposa que trabaja vendiendo café de forma ambulante en un mercado de la ciudad; de esta forma ambos cubren los gastos de alimentación, estudios y gastos médicos de su familia ya que no cuentan con seguro medico.
El crédito lo requieren para la instalación de un medidor propio de luz y agua en la vivienda ya que son varios inquilinos y el consumo es muy elevado es por eso que requieren este servicio.
El sueño de Efraín, es tener su casa propia para mejorar su calidad de vida y dar más comodidad a su familia.
Es la primera vez que el cliente solicita crédito con 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
  • 103
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Efrain to install their own electric and water meters in the house where they live.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2012
Listed
Jun 12, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013