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Florencio
Florencio is a single father who lives in a leased home in the Alto San Pedro zone of La Paz. He sells all types of shoes and now makes them as well. He needs this loan to replace a shoe-making machine that is very old and uses too much electricity, with a more modern one that will help him greatly in his work.

Florencio’s dream is to grow his business and be able to buy a house where he and his daughter can live peacefully.

This will be the second time he works with Impro and the first time with Kiva.
View original language description ↓
Florencio es padre soltero y vive en anticrético en la zona de Alto San Pedro en la ciudad de La Paz. Se dedica al comercio de todo tipo de calzados y ahora también los fabrica. Requiere el crédito para reemplazar una máquina para hacer calzados que es muy anticuada y gasta mucha energía por una más moderna y que le ayudará mucho en su trabajo.

El sueño de Florencio es hacer crecer su negocio y poder comprar una casa donde él y su hija puedan vivir tranquilos.

Es la segunda vez que trabaja con Impro y la primera vez con Kiva.

Additional Information

More information about this loan


This loan is for Bolivian entrepreneurs who follow cleaner production principles in their work, including waste reduction and environmental protection. By supporting this loan, you are promoting economic activities that are environmentally friendly but that also maximize productivity to help borrowers boost their incomes.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Florencio to buy a new shoe making machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014