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Gerardo
Gerardo raises cows to produce milk, which he sells to one of the Industrial Milk Plants. He lives with one of his sons who has a family of his own in his own home located in the community of Sullcataca Baja, in the Laja sector in the province of Los Andes in the department of La Paz, which is one hour away from the city of La Paz.

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.
View original language description ↓
Gerardo se dedica a la cría de ganado vacuno para la producción de leche la cual vende a una de las Plantas Industrializadoras de Leche. El vive con uno de sus hijos el cual ya tiene su respectiva familia, en su casa propia ubicada en la comunidad de Sullcataca Baja, del Sector Laja de La provincia Los Andes del Departamento de La Paz a una hora de distancia de la ciudad de La Paz

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
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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.

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

  • $2,817
    Average annual income
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Gerardo purchase a rake, which is part of the tractor that he uses to plant fodder for his milk cows.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 11, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014