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Andres
Andrés is married and has two children, a two-year-old and a one-month-old. They live in his wife’s aunt’s house located in the city of El Alto’s Villa Mercedes zone.

He completed secondary school and is now employed by a furniture making firm. His wife makes clothes for infants. Their income covers family expenses.

He needs the loan to buy building supplies (sand, stucco, paint) to repair his house which has been damaged in the rainy season.

Andres’ dream is to own a house and to enlarge his wife’s sewing workshop. This is his first loan request to Impro and to Kiva.
View original language description ↓
Andres es casado, tiene dos hijos: uno de dos años y otro de un mes de vida, viven en casa de la tía de su esposa, la casa se encuentra ubicada en la zona Villa Mercedes de la ciudad de El Alto.
El estudio hasta el nivel secundario, ahora trabaja en una empresa en la cual se dedica al fabricado de muebles. Su esposa arma una variedad de vestidos para bebe, esos ingresos cubren los gastos de la familia.
El crédito lo requiere para adquirir material de construcción (arena, estuco, pinturas) así podrá refaccionar su vivienda que fue afectada por estas épocas de lluvia.
El sueño de Andres es tener una casa propia y ampliar el taller de costura para su esposa.
Es la primera vez que solicita crédito junto a IMPRO y la primera vez con 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $2,817
    Average annual income
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,572,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Andres to buy building supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014