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David
David’s single and does not have children. He lives in his parents’ house occupying a single, small room. The house is located in the city of La Paz’s Cotahuma zone.

He earns income as an employee in a private firm; he works more than 8 hours daily. He also owns a car that he puts to work as a taxi and it earns him a daily rental fee. He’s able to pay for his food and basic utility costs this way.

The loan he needs is to buy a new motor to replace the one currently in his taxi because it’s a bit old and he needs a motor that’s in better condition which will be of great help to him since this is his additional source of income.

David’s dream is to improve his income in order to be able to become independent because he’d like to have more comfort and improve his quality of life. This is his second loan with IMPRO and first with KIVA.
View original language description ↓
David, es soltero y no tiene hijos, vive en la casa de sus padres ocupando solo una habitación pequeña, la casa esta ubicada en la zona Cotahuma de la ciudad de La Paz.
Actualmente percibe ingresos ya que trabaja como empleado en una empresa privada por más de ocho horas al día; también es dueño de un vehículo que trabaja como taxi el cual le entrega rentas diarias y de esta manera le alcanza para cubrir sus gastos de alimentación y pago de servicios básicos.
El crédito lo requiere para la compra y cambio de motor de su vehículo, pues es un poco antiguo y necesita un motor en mejor estado, lo cual le será de mucha ayuda por que es su fuente adicional de ingresos.
El sueño de David es mejorar sus ingresos y poder independizarse ya que desea tener más comodidad y mejorar su calidad de vida.
Es la 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

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped David to buy a motor that's in better shape for his taxi.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014