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Leon
León is married and has three children who are all independent . He lives in his own home with his wife and his elderly father. The house is located in the Cota Cota area of the city of La Paz.

He studied up until a technical degree in graphic design and he currently works making cakes and empanadas together with his wife in a location set up for that.

He needs this loan to repair the bakery as the walls are quite deteriorated. He will buy stucco, bricks, and paint, as well as supplies such as flour, sugar, milk, yeast, etc. León's dream is to build more rooms in his house so that he can house his children and expand his bakery. This is the second time he has requested a loan from IMPRO and the first time with Kiva.
View original language description ↓
León, es casado y tiene tres hijos de los cuales todos ya son independientes, viven en casa propia con su esposa y su padre que es mayor de edad, la casa se encuentra ubicada en la zona Cota Cota de la ciudad de La Paz.
El estudió solo hasta técnico medio de diseñador grafico y actualmente trabaja elaborando pasteles y empanadas junto a su esposa, en un ambiente destinado para tal efecto.
El crédito lo requiere para la refacción de su pastelería ya que las paredes se encuentran muy deterioradas (va a comprar estuco, ladrillos, pintura) y también para la compra de insumos (harina, azúcar, leche, levadura, etc.).
El sueño de León es construir más habitaciones en su casa para poder acoger a sus hijos y ampliar su pastelería.
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

  • $5,500
    Average annual income
  • 225
    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 $700 helped Leon to buy stucco, bricks, and paint to repair the walls of his bakery as well as to purchase supplies like flour, sugar, milk, etc. to continue his business of making cakes and empanadas.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013