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Edgar
Edgar’s married and has a son who is still nursing. He lives in a rented, three-room house; it has a bedroom, kitchen and bathroom. The house is brick and the floor is wood. The house is located in Villa Esperanza zone which is where the city of El Alto’s educational centers are.

He’s currently employed in petroleum extraction and works every day except Sunday. His wife’s a street vendor selling ‘batidos’ (very pleasant drinks made from egg and dark beer) in street markets in El Alto’s Villa Esperanza. They both contribute to utility, food and clothing costs.

He needs the loan to make the final payment on a passenger minibus because he wants to have an additional work tool to improve his income. Edgar’s dream is to work independently to earn higher income and improve his quality of life. This is his first loan request to Impro and to Kiva.
View original language description ↓
Edgar es casado y tiene un hijo varón que están en etapa de lactancia, vive en alquiler donde cuenta con 3 ambientes donde se encuentra el dormitorio, la cocina, el baño la habitación es de ladrillo y el piso es machihembré (madera), la casa se encuentra ubicada en la zona Villa Esperanza, donde se encuentran centros educativos en la ciudad del Alto.
Actualmente trabaja de empleado en la rama de extracción de petróleo donde trabaja todos los días de la semana, excepto los días domingo. La esposa es vivandera vende batidos (jugos compuestos de huevo con cerveza negra, muy agradables) en las ferias actualmente en Villa Esperanza de la ciudad de El Alto y ambos colaboran en el pago de los servicios, comida y vestimenta.
El crédito lo requiere para finalizar la compra de un minibús de transporte de pasajeros, ya que desea tener una herramienta mas de trabajo y así mejorar sus ingresos.
El sueño de Edgar es poder trabajar independientemente y así tener mejores ingresos y mejorar su calidad de vida.
Es la primera vez que solicita crédito 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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Edgar to make the final payment on a minibus.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
N/A
Expired:
Dec 13, 2012