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Alan

Update on Alan

Alan is single, and he does not have children. He lives with his parents in an “anticretico” [a special rental arrangement where rent is considered a loan to the property owner and is returned in full when the rental period is over]. The house is located in the Villa Fátima area of the city of La Paz.

He studied law, and he currently earns income as an attorney. He works for a private company for over eight hours a day. He needs to help pay his family’s food and basic services expenses, and that is why he is requesting the loan.

He wrote a book related to his profession, but he does not have enough money to print the book.

Alan’s dream is to improve his income and be able to definitely become independent. He set up his own law practice, and he is in the phase of getting more clients in order to generate more income. This way he will improve his quality of life.

This is the third time he has requested a loan from IMPRO and Kiva.
View original language description ↓
Alan, es soltero y no tiene hijos, vive con sus padres en una casa en anticretico, la casa se encuentra ubicada en la zona Villa Fátima de la ciudad de La Paz.
El estudió Derecho y actualmente percibe ingresos ya que es abogado y trabaja por más de ocho horas en una empresa privada ya que debe ayudar a pagar los gastos de alimentación y servicios básicos de su familia es por eso que solicita el crédito, por que escribió un libro relacionado con su profesión y no le alcanza el dinero para las impresiones del libro.
El sueño de Alan, es mejorar sus ingresos y poder independizarse definitivamente pues ya puso su propio buffet de abogado y está en la fase de conseguir más clientes para generar más ingresos y de esta forma mejorar su calidad de vida.
Es la tercera vez que solicita el crédito junto a IMPRO y KIVA.

Previous Loan Details

Sr. Alan works as an attorney at a law firm. The loan he is requesting will be used to acquire a location where he can set up his office and become professionally independent. He lives at the home of his parents in the District of Villa Fatima in the city of La Paz. Alan is single and has no c... More from Alan's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $5,500
    Average annual income
  • 180
    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 $1,000 helped Alan to pay the cost of printing a book that he wrote about his legal profession.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Alan. It was first posted on Kiva on Sep, 2011. Learn More