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Mario
Mario is married, and he lives with his family in a small room in the Sopocachi area. He works with his wife selling auto tires and rims. Through their sales they try to support their family day to day.

The loan he requested is to be able to build a room that he can use to store his merchandise. This way they will be able to live a little more comfortably.

Mario’s dream is to be able to save enough to open a store in order to improve his quality of life.

This is the second time that he has worked with Kiva.
View original language description ↓
Mario es casado y vive con su familia en un pequeño cuarto en la zona de Sopocachi. Trabaja como vendedor de llantas y aros de autos junto a su esposa con lo que tratan de mantener a su familia día a día. El crédito que solicitó es para poder construir un cuarto donde pueda usarlo como depósito de su mercadería y así poder vivir un poco más cómodos.

El sueño de Mario es poder ahorrar lo suficiente para abrir una tienda y así mejorar su calidad de vida.

Es la segunda vez que trabaja 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

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mario to build a room to store his merchandise comprised of tires and rims.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014