He needs the loan to purchase a piece of machinery (a rake) that is very much needed to improve his work with his tractor in planting fodder because the rake that he currently has is rusted and in bad shape, hurting the ground and reducing the amount of fodder that can be produced.
Gerardo's dream is to increase the number of heads of cattle he has, as well as his milk production.
This is the third time he has taken out a loan with IMPRO and the second time with Kiva.
El crédito lo requiere para comprar una parte de maquinaria (Rastra) que le es de mucha necesidad para mejorar su trabajo con su tractor en el sembradío de forraje, puesto que la rastra que tiene actualmente se encuentra oxidado y en mal estado, dañando la composición del suelo por lo tanto baja el rendimiento en la producción del forraje
El sueño de Gerardo es incrementar mas sus cabezas de ganado por lo tanto su producción de leche.
Es la tercera vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.
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 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.
229View loans »
Success!! The loan was 100% repaid