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Eustaquio
Eustaquio is married, but he separated from his wife three years ago. He has two children who are now independent. He lives in his own house, occupying only one room with brick walls and a dirt floor. The house is in the Alto Tacagua zone of the city of La Paz.

He only has an elementary school education, but he was able to learn the occupation of being a tailor. He now gets income from making jackets. He works for over ten hours a day in order to later sell them. He sells in an itinerant manner because he does not have a fixed stand.

The loan that he needs is to buy materials like fabric, lining, and zippers, etc. to make his products. He wishes to improve his income because he needs to cover the food expenses and pay for basic services.

Eustaquio’s dream is to expand his workshop and to have a fixed sales stand. This is because selling in an itinerant manner is very hard work.

This is the 12th time he has requested a loan with IMPRO and the first time with Kiva.
View original language description ↓
Eustaquio, estaba casado pero hace más de tres años se separó de su esposa , tiene dos hijos que ya son independientes, vive en casa propia ocupando solo una habitación con paredes de ladrillo y el piso de tierra, la casa esta ubicada en la zona Alto Tacagua de la ciudad de La Paz.
El estudió solo hasta la primaria pero pudo aprender el oficio de sastre y actualmente percibe ingresos ya que se dedica a la confección de chamarras, trabajando por más de diez horas al día para posteriormente venderlas de forma ambulante ya que no cuenta con un puesto fijo.
El crédito lo requiere para la compra de material, tela, forro, cierres, etc., para la confección de sus productos ya que desea mejorar sus ingresos por que debe cubrir los gastos de alimentación y pago de servicios básicos.
El sueño de Eustaquio, es ampliar su taller y tener un puesto de venta fijo ya que vender de forma ambulante es muy sacrificado.
Es la décima segunda vez que solicita crédito junto a IMPRO y la primera vez con 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
  • 223
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Eustaquio to buy fabric, lining, zippers, and other supplies for his business of making jackets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013