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Raul
Raul is single and lives with his brother and mother in a rented home in the Central area of the city of La Paz. Raul needs a loan to buy sound equipment as besides his regular job as an employee of a company, he has his own business renting musical instruments which helps his family with the monthly expenses.

Raul’s dream is to buy a home of their own for his family and be able to improve their quality of life.

This is the first time he has applied for a loan from Impro and Kiva.
View original language description ↓
Raul es soltero y vive en alquiler con su hermano y su mamá en la zona Central de la ciudad de La Paz. Raul requiere el crédito para la compra de un equipo de sonido ya que además de su trabajo regular como empleado de una empresa, atiende un negocio propio de alquiler de instrumentos musicales que le ayuda a su familia con los gastos mensuales.

El sueño de Raul es conseguir una casa propia para su familia y poder mejorar su calidad de vida.
Esta es la primera vez que solicita un crédito de Impro y de 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.

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About Bolivia

  • $2,817
    Average annual income
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Raul to buy sound equipment to expand his stock of musical instruments that he rents out for extra income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014