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Nicacio
View original language description ↓
Mr. Nicasio G. Amaro lives in a rented home in San Juan Cotahuma on the western side of La Paz with his wife and three children. Nacasio is employed by a laundry business in this city and his wife is a cook selling meals in a food stand. With previous loans Nicasio built a home on land he owns. The current loan will be used to finish the construction so his family will be able to move in to their new home. This is the third loan and the socioeconomic analysis qualifies him favorably to access this line of credit. Nicasio has been a client of Impro since 2005.

Translated from Spanish by Cindy Kendall, Kiva volunteer.


El señor Nicasio G. Amaro vive en alquiler en la zona de San Juan Cotahuma ladera oeste de la Ciudad de La Paz, con su esposa y tres hijos. El señor Nicasio es empleado en una empresa de lavandería de esta ciudad y su esposa es cocinera vendiendo almuerzos en un puesto de comida.
Con anteriores créditos el señor Nicasio construyó una vivienda en el terreno de su propiedad.
El crédito solicitado será destinado al acabado de la construcción, para que así su familia se traslade a su vivienda propia.
Esta es la tercera ocasión que solicita un préstamo y el análisis socioeconómico realizado lo califica favorablemente y puede acceder a un crédito. Nicasio es cliente nuestro desde el año 2005.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,154,400
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nicacio finish building a home in order to be able to live in it.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 16, 2008
Listed
Apr 18, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010