Check out some available loans that are similar to this one!
Pablo

Update on Pablo

Pablo lives in a house in the Miraflores area in the city of La Paz. He is single, does not have any children, and works selling electronics. With this work, Pablo is able to support himself and cover all of his basic needs.

The loan that Pablo is currently asking for is to augment his working capital, so that he can stock his business with more merchandise. This way, he will not lose clients, and will also be able to improve his income. Pablo plans to buy electric irons, coffee makers, blenders, and other small appliances wholesale in order to decrease his costs.

Pablo's dream is to be able to have a store where he offers all of his products, as he currently sells these goods from his house.
View original language description ↓
Pablo vive en casa en anticretico en la zona de Miraflores de la ciudad de La Paz; soltero, no tiene hijos, tiene por actividad la venta de artefactos eléctricos, actividad con la cual Pablo se mantiene y puede cubrir sus mínimas necesidades.

El crédito que solicita es para aumentar su capital, poder surtir su mercadería y de esta manera no perder a sus clientes y además mejorar sus ingresos. Pablo comprará planchas eléctricas, cafeteras eléctricas, licuadoras, y otros al por mayor para disminuir sus costos.

El sueño de Pablo es poder tener una tienda donde ofrecer al por mayor sus productos ya que ahora los vende desde su casa.

Previous Loan Details

Pablo sells electronic devices in an independent manner. He does not have a fixed sales location. The loan he needs is to buy more devices in order to get more customers. This way he will improve his income in order to help his family. Pablo is single, and he has two children. He lives… More from Pablo's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $2,817
    Average annual income
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Pablo to buy electronics to sell to his clients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Pablo. It was first posted on Kiva on Mar, 2012. Learn More