Update on JesusJesús is a widower and has five children, all of whom are now independent. He lives in his own house, occupying three rooms with brick walls and earth floor. The house is located in the Pasankeri area of the city of La Paz.
Currently, he sells llamas in various markets, and also earns income reading fortunes using coca leaves, and as a healer with natural plants. This is because he must cover his expenses for food and payment of basic services.
He needs the loan to buy more livestock (he will buy three llamas), in order to put them up for sale after fattening them, as he wishes to improve his income and quality of life.
Jesús' dream is to finish building his house, so that he can take in his children.
This is the sixth time that he has worked with IMPRO, and the second time with Kiva.
Actualmente se dedica a la venta de ganado camélido en diferentes ferias, y también percibe ingresos leyendo la suerte en coca y como curandero con plantas naturales. Ya que debe cubrir sus gastos de alimentación y pago de servicios básicos.
El crédito lo requiere para comprar más ganado (comprará tres llamas) para después de hacerlo engorar ponerlos a la venta ya que desea mejorar sus ingresos y mejorar su calidad de vida.
El sueño de Jesús es construir su casa para poder acoger a sus hijos.
Es la sexta vez que trabaja con IMPRO y la segunda vez con KIVA.
Previous Loan DetailsSr. Jesús sells llama heads and is also a master practitioner of folk medicine. He says that he can cure people through the use of medicinal herbs. The loan he is requesting will be used to buy more llamas so that he can eventually sell the meat and the heads at the markets where dishes using t... More from Jesus's previous loan »
About IMPROIMPRO 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 15 months (Additional Information)
- Repayment Schedule
- Sep 22, 2012
- Oct 5, 2012
- Currency Exchange Loss:
- Jan 18, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.