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Mario
Mario isn’t married but lives with his spouse; they have four children who are all independent now. Mario lives with his spouse in their own house occupying two small rooms with brick walls and dirt floors. The house is located in the city of La Paz’s San Juan zone.

Mario completed secondary school and knows that he must cover food and basic utility costs with money earned working as a tailor.

He needs the loan to buy materials and supplies for work; he wants to buy fabric, lining and thread at wholesale to make suits for subsequent sale. He works more than ten hours per day.

Mario’s dream is to add on more rooms to his house so that he can house his children and improve their quality of life. This is his tenth loan request to IMPRO and first to KIVA.
View original language description ↓
Mario no está casado pero vive con su pareja; ellos tienen cuatro hijos que son independientes. Mario vive con su pareja en casa propia ocupando dos habitaciones pequeñas y con paredes de ladrillo y el piso de tierra, la casa se encuentra ubicada en la zona San Juan de la ciudad de La Paz.
Mario estudió solo hasta terminar la secundaria y con lo que gana de su trabajo como sastre debe cubrir sus gastos de alimentación y pago de servicios básicos de su familia.
El crédito lo requiere para la compra de material de trabajo ya que desea comprar telas, forros e hilos al por mayor para la confección de trajes para posteriormente venderlos ya que trabaja por más de diez horas al día.
El sueño de Mario, es construir más habitaciones en su casa para poder acoger a sus hijos y mejorar su calidad de vida.
Es la décima vez que solicita el 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
  • 237
    View loans »
    Bolivia Loans Fundraising
  • $31,592,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mario to buy raw materials at wholesale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013