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

Update on Arturo

Arturo is a salesman who sells party favors. He lives in his own home, occupying one room with adobe walls and a cement floor. His house is located in Alto San Pedro, in the city of La Paz.

Arturo sells his products so that he can cover his water, electricity, transportation and other expenses.

Arturo's dream is to own his own premises from which to sell his products.
View original language description ↓
El señor Arturo es comerciante, vende artículos de cotillón, vive en casa propia ocupando una habitación en un acabado de adobe y piso de cemento en la zona de Alto San Pedro de la ciudad de la Paz.
Arturo vende sus productos para cubrir sus gastos de agua, luz, transporte y otros.
El credito lo requiere para el aumento de su capital; comprará cartulina, pegamento, para elaborar el cotillón y así mejorar sus ingresos.

El sueño de Arturo es tener un local propio donde vender sus productos.

Previous Loan Details

Señor Arturo is a businessman. He sells cotillion items, and lives in his own home, in one adobe room with a cement floor in Alto San Pedro in the city of La Paz. Arturo sells his products to pay for his water, electricity, transport and other expenses. He needs this loan to increase his worki... More from Arturo'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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,370,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Arturo to buy card and glue to make the party favors he sells.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014