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Felix
Felix is single and has a school-aged child. He lives in a rented house in just two rooms. The house is located in the area of Calacoto in the city of La Paz. He currently works for over eight hours a day as a director of a private company, since with his earnings he has to cover food and education expenses, rental and basic service fees.

He requires the loan to refurbish the apartment in which he is living at the moment, since it is very damp and that affects his health. Felix's dream is to boost his income so that he can have his own home and in this way improve his quality of life so things are more comfortable and safe for his child.

This is the first time he is requesting a loan from IMPRO and Kiva.
View original language description ↓
Felix, es soltero y tiene un hijo que esta en etapa escolar, vive en una casa alquilada ocupando solo dos habitaciones, la casa se encuentra ubicada en la zona Calacoto de la ciudad de La Paz.
Actualmente trabaja por mas de ocho horas al día como administrador en una empresa privada ya que con lo que gana debe cubrir los gastos de alimentación, educación, alquiler y pago de servicios básicos.
El crédito lo requiere para refacción del departamento donde actualmente vive ya que tiene mucha humedad y eso le afecta en su salud.
El sueño de Felix es mejorar sus ingresos para tener su casa propia y de esta forma mejorar su calidad de vida para tener mas comodidad y seguridad para su hijo.
Es la primera vez que solicita crédito junto a IMPRO y 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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,033,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Felix to refurbish the apartment in which he lives, since it is very damp.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014