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Juan
Juan is married and has three children. One is school-age, and two are at university. He lives in a rather modest home in the Tupac Amaru area of the city of La Paz. Currently he works as a truck driver for more than 10 hours a day, as he is the sole support of his household.

He needs a loan in order to build a retaining wall on his property as protection from the rain. For this, he needs to buy bricks, cement, and sand.

Juan's dream is to give his family a home where they can live more comfortably without weather concerns. This is the fourth time that he has applied for a loan with IMPRO, and the first time with Kiva.
View original language description ↓
Juan es casado y tiene tres hijos, uno que esta en etapa escolar y dos en la universidad, vive en una casa bastante humilde en la zona de Tupac Amaru de la ciudad de La Paz.
Actualmente trabaja como transportista por poco más de diez horas al día ya que es el único que mantiene su hogar.
El crédito lo requiere para poner un muro de contención en su casa para protegerse de la lluvia, para lo cual necesita comprar ladrillos, cemento y arena.
El sueño de Juan es dar a su familia una casa donde puedan vivir más tranquilos sin preocupaciones climáticas.
Es la cuarta vez que solicita crédito junto a IMPRO Y 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $5,500
    Average annual income
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,410,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Juan to buy bricks cement and sand, in order to build a retaining wall on his property as protection from the rain.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
N/A
Ended:
May 24, 2014