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Juan
View original language description ↓
Mr. Juan A. lives in a rented home with his wife and children in the street of Caopolikan, which is the neighborhood of Tembladerani in the city of La Paz. He has a taxi that he uses for providing transportation services. The loan he seeks is to convert his car to be natural gas compatible from gasoline in order to save costs by 50%. Compressed natural gas costs less than gasoline.



This former client of IMPRO has a good credit history that allows him to be granted a new loan. He has had a relationship with IMPRO since 2004.

Translated from Spanish by Geraldine Kim, Spanish Translator.



El señor Juan A. vive en casa alquilada con su esposa y sus hijos en la calle Caopolikan de la zona de Tembladerani de la ciudad de La Paz; tiene un taxi con el cual trabaja en transporte publico y el crédito que solicita es para transformar su vehiculo que actualmente es a gasolina convertirlo a Gas Natural Comprimido y de esta manera poder minimizar sus costos en un 50%, pues el gas natural comprimido cuesta menos que la gasolina.



Es cliente antiguo de Impro y su historial es bueno por lo cual puede acceder a un nuevo crédito. Su relación crediticia con IMPRO data desde el año 2004.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 7.3
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Juan to convert his vehicle to use compressed natural gas from gasoline.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 5, 2008
Listed
May 17, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010