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Elias
Elías is single and has no children. He lives in his parents’ house occupying one small room; the house is located in the city of El Alto’s Villa Cooperativa zone.

He studied until he finished secondary school and now earns income working more than 12 hours manufacturing clothes for women and men (pants, jackets). He also earns rental fees for his car that works weekends and all night since he has to earn income to cover food, utilities and family medical costs since they don’t have medical insurance.

He requests this loan to buy fabric in various colors to make his articles of clothing and thus increase operational capital. His dream is to improve his income so that he can become independent and expand his workshop and thus improve his quality of life.

This is the third time he’s worked with Impro and first time with Kiva.
View original language description ↓
Elías, es soltero y no tiene hijos, vive en la casa de sus padres en ocupando una habitación pequeña, la casa esta ubicada en la zona Villa Cooperativa de la ciudad de El Alto.
El estudió solo hasta terminar la secundaria y actualmente percibe ingresos trabajando por más de doce horas elaborando ropa de damas y varones (pantalones, chamarras); también cuenta con la renta de su vehiculo ya que trabaja los fines de semana durante toda la noche, ya que debe pagar los gastos de alimentación, servicios básicos y médicos de su familia pues no cuentan con seguro médico.
El crédito lo solicita para la compra de telas de diferentes colores para la elaboración de sus prendas y así aumentar su capital de operaciones.
El sueño de Elías, es mejorar sus ingresos para posteriormente independizarse y ampliara su taller de esta forma mejorar su calidad de vida.
Es la tercera vez que trabaja junto a IMPRO y la primera vez junto a 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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Elias to buy fabric.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 15, 2012