Update on DjangoDjango is dentist, he lives in a small flat in the Pura Pura area of the city of La Paz. He works around ten hours a day in his dentist's office.
As his work tools need to undergo repair and maintenance, he is seeking this loan to buy new equipment and to repair others.
Django's dream is to improve his dentist's office in order to give his customers a better service. This is the third time that he is seeking a loan via Kiva.
Es por eso que solicita el crédito, para la compra de nuevos aparatos y mantenimiento de otras de sus herramientas.
El sueño de Django es mejorar su consultorio para poder dar un mejor servicio a sus clientes.
Es la tercera vez que su crédito se canaliza a través de Kiva.
Previous Loan DetailsDjango works as a dentist in a private clinic in the city of La Paz. He needs the loan to buy x-ray equipment for his private office in order to have more income. Django is single and does not have any children. He lives in his own house in the city of La Paz’s Pura Pura zone. This is the… More from Django's previous loan »
About IMPROIMPRO 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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