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Orlando
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.Orlando is a public service chauffeur “Inter – Ciudad La Paz El Alto”, he owns a vehicle and transports passengers, but the vehicle is not in perfect condition and the problems may intensify in the future. His wife works half-time as a domestic servant and she helps economically by covering the maintenance of their two children, 4 years and 9 months old. They do not own a house but rent in the Zona Pasankeri of the City of La Paz. The loan requested by Orlando will be used to buy a new motor to improve the performance of his vehicle (work tool). This is his first loan with Impro, and the evaluation made approves him for the loan requested.

Translated from Spanish by Lene Struck, Kiva volunteer.



Orlando es chofer de servicio publico Inter – Ciudad La Paz El Alto; tiene su movilidad con la cual trabaja como transporte de pasajeros y no se encuentra en perfecto estado y tiene problemas que pueden agudizarse en el futuro; la esposa trabaja medio tiempo de empleada domestica, y ayuda a los ingresos de la familia para cubrir la manutención de sus dos hijos de 4 años y 9 meses. No cuentan con casa propia y viven en alquiler en la Zona Pasankeri de la Ciudad de La Paz. El crédito que ahora Orlando solicita es para comprar un nuevo motor que le ayudará a mejorar el rendimiento de su movilidad (herramienta de trabajo). Es el primer crédito con Impro, la evaluación realizada permite aprobarle el préstamo solicitada por el prestatario.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Orlando purchase a new motor for a public transportation vehicle.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 10, 2008
Listed
Apr 16, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009