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Leonardo
Leonardo is married and has two children who are school-aged. They live in two rooms in his in-law's house. The home is located in the northern part of the city of La Paz.

Leonardo currently works as a driver for more than 8 hours a day, up until the late hours of the night. This occupation carries a lot of risks, but he needs the earnings to cover the expenses for his family's food, education and basic services.

Leonardo needs a loan to do maintenance work on his vehicle. He wants to buy a battery and tires, because this is the only source of income he has to support his family.

Leonardo's dream is to increase his income so that he could acquire a house through an anticrético (lease arrangement). This would enable him to provide more security for his family, and improve their quality of life.

This is the first time that Leonardo has worked with IMPRO together with Kiva.
View original language description ↓
Leonardo es casado y tiene dos hijos que están en etapa escolar, viven en casa de sus suegros ocupando dos habitaciones, la casa se encuentra ubicada en la zona Norte de la ciudad de La Paz.
Actualmente trabaja como chofer por más de ocho horas al día y hasta altas horas de la noche corriendo muchos riesgos y con lo que gana debe cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para el mantenimiento de su vehículo ya que desea comprar batería y llantas ya que es la única fuente de trabajo con la que cuenta para mantener a su familia.
El sueño de Leonardo es mejorar sus ingresos para adquirir una casa en anticrético para dar más seguridad a su familia y mejorar su calidad de vida.
Es la primera 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

  • $5,500
    Average annual income
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Leonardo to buy tires and a battery for his vehicle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013