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Emilio
Emilio is a widower. He has two school age children. They live in their own house occupying two small rooms with adobe walls. The house is located in the city of La Paz’s San Antonio zone.

He currently works manufacturing all types of things out of wood since he’s a carpenter. He works more than 10 hours daily since he’s the only one who covers food, education and medical expenses for his family which is why he’s asking for a loan because he wants to buy more wood and glue to make the items and then sell them since what little he earns is insufficient to buy the materials.

Emilio’s dream is to add more rooms to his house and to enlarge his workshop to improve income and quality of life. This is the second time he’s worked with IMPRO and KIVA.
View original language description ↓
Emilio es viudo y tiene dos hijos los cuales están en etapa escolar, viven en casa propia ocupando dos habitaciones pequeñas y con paredes de adobe, la casa esta ubicada en la zona San Antonio de la ciudad de La Paz.
Actualmente se dedica a la elaboración de todo tipo de trabajos en madera ya que es carpintero trabajando por más de diez horas al día ya que es el único que cubre los gastos de alimentación, educación y pago de servicios médicos de su familia, es por eso que solícita el crédito ya que desea comprar más madera y pegamento para la elaboración de trabajos y posteriormente venderlos ya que con lo poco que gana no le alcanza para comprar material.
El sueño de Emilio, es construir más habitaciones en su domicilio y ampliar su taller para mejorar sus ingresos y su calidad de vida.
Es la segunda vez que trabaja junto a 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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,675,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Emilio to buy wood and glue.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013