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Rene
Rene has lived with his partner for 25 years. They have two school-age children. He lives in his parents' house, which has six rooms with stucco walls and floors made of wood planks and cement. The house is in the Nuevos Horizontes neighborhood in El Alto. He works six days a week as a salaried, union taxi driver. He has daily income. His wife has a local store, where she works every day. The store is in a rented space, not in their house. Both pay for the family's basic services.

Rene needs a loan to buy a transport line in the union with which he is affiliated. He will be able to earn more because he now pays monthly dues, as he is not an owner. He dreams of owning his own vehicle. This is his first loan with IMPRO and Kiva.
View original language description ↓
Rene convive con su pareja ya hace 25 años, y tiene dos hijos que se encuentran en edad escolar, vive en casa de sus padres ocupando seis habitaciones con paredes de estuco y el piso es de tablones y cemento, la casa se encuentra ubicada en la zona de Nuevos Horizontes de la ciudad de El Alto.
Actualmente trabaja en uno de los sindicatos de choferes, en un trufi, como chófer asalariado trabajando seis días a la semana y teniendo ingresos diarios; la esposa cuenta con una tienda de barrio donde vende todos los días; la tienda se encuentra en alquiler en otro lugar que no es su casa. Ambos corren con los gastos de servicios básicos de su familia.
El crédito lo requiere para la compra de línea de transporte en el sindicato al que está afiliado y así poder mejorar sus ingresos, pues actualmente paga una cuota mensual mayor al no ser propietario de linea.
El sueño de Rene es adquirir su propia movilidad.
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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,043,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Rene to buy and be the owner of a union transport line, where he now works as a salaried employee, so that he doesn't have to pay the high monthly dues.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 18, 2013
Currency Exchange Loss:
N/A
Ended:
May 24, 2014