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Marco
View original language description ↓
Mr. Marco A. lives in his parents’ home in the Alto Chijini zone of the city of La Paz. He is a business man who travels to the border to bring various types of home appliances and distributes them in the city. His parents gave him a space on their property so that he could build two rooms, since they currently only have one that he shares with his brother.


He is requesting a loan in order to construct a flagstone and walls for two rooms. This is the second time he requests a loan. His credit check favorably qualifies him for another loan.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


El señor Marco A. vive en casa de sus padres, en la zona Alto Chijini en la ciudad de La Paz.
El señor Marco es comerciante, realiza viajes a la frontera de donde trae productos electrodomésticos varios que luego distribuye en el comercio de la ciudad.
Sus padres le otorgaron un espacio en su propiedad para que pueda construir dos habitaciones, ya que solo cuentan con una habitación que comparte con su hermano.


El crédito solicitado será destinado a la construcción en obra gruesa de una loza y muros perimetrales para dos habitaciones.
Esta es la segunda vez que solicita préstamo y el análisis socioeconómico realizado lo califica favorablemente y puede acceder a un crédito.

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
  • 119
    View loans »
    Bolivia Loans Fundraising
  • $28,261,650
    Funds lent in using Kiva
  • 7.2
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Marco construct a flagstone and walls for two rooms.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 16, 2008
Listed
Jul 7, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010