Check out some available loans that are similar to this one!
Lucio
Lucio is single, but he has lived with his partner for 25 years. He has four children, three of whom are independent and one whom he takes care of. He lives in a rented space, which also houses his small upholstery workshop. Lucio's home has four rooms with stucco walls; the floor is made of wood planks with tongue-and-groove joints. The house is in the Brasil neighborhood in El Alto.

He works as an upholsterer, repairing 14-passenger minibus seats. He is paid when the work is done. His partner does the housework and also helps him; both of them pay for basic services for the family.

Lucio needs a loan to buy synthetic leather to have a wider variety to offer his clients and to increase his earnings. He dreams of having a larger workshop with assistants and providing jobs to young people. This is his first loan with IMPRO and Kiva.
View original language description ↓
Lucio, es soltero, pero convive con su pareja ya hace 25 años, tiene cuatro hijos de los cuales tres ya son independientes y solo uno esta al cuidado de la pareja, vive en alquiler tanto su departamento como la tienda donde tiene un pequeño taller de tapicería; don Lucio está ocupando cuatro habitaciones con paredes de estuco y el piso es de tablones y machimbre, la casa se encuentra ubicada en la zona Brasil de la ciudad de El Alto.
Actualmente trabaja como artesano en tapicería realizando arreglos a los asientos de los minibuses de 14 pasajeros de donde percibe un ingreso por trabajo terminado, la esposa se dedica a labores de casa y también ayuda con el trabajo a su esposo; ambos corren con los gastos de servicios básicos de su familia.
El crédito lo requiere para la compra de materia prima (cuerina) para poder tener una mejor variedad de cuerinas para así poder ofrecer a sus clientes y así poder mejorar sus ingresos.
El sueño de Lucio es el de poder tener un talle mas grande con ayudantes, dar trabajo a jóvenes.
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

  • $2,817
    Average annual income
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $30,192,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lucio to buy a variety of synthetic leathers to repair minibus seats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2013
Listed
Apr 18, 2013
Currency Exchange Loss:
N/A
Ended:
May 24, 2014