Update on EdwinEdwin makes a living raising dairy cows to produce milk, which he sells at one of the milk-processing plants in the department of La Paz. He lives in his parents' house in the community of Sulcataca Baja in the Laja area of Los Andes Province in La Paz Department, three hours from the city of La Paz. Edwin has some head of improved cattle, which require better care because of the area's climate conditions.
He needs the loan to buy supplementary feed because in the area there's a deficit of raw protein in the barley fodder and it's necessary in the low-water season (June-November). During this critical season the nutrition of dairy cows is improved using supplements such as corn flour, soy chaff, bran, and other things. Buying supplementary feed will mitigate the pressure on expanding more areas of fodder production.
This way he'll be able to improve his product and keep his cows healthy. Edwin's dream is to increase his head of cattle, keeping in mind their good health.
This is the third time he has requested a loan from IMPRO and the second time from Kiva.
El crédito requiere para comprar alimento suplementario puesto que en el sector existe un déficit de proteína cruda en los forrajes de cebada y son necesarios en las épocas de estiaje (meses junio a noviembre), por lo tanto en estas épocas críticas se mejora la nutrición del ganado lechero, utilizando suplementos como harina de maíz, cascarilla de soya, afrecho y otros. Con la compra de alimentos suplementarios se mitiga en la presión de ampliar más áreas de producción de forraje
Así podrá mejorar su producción, conservando la buena salud de sus vacas.
El sueño de Edwin, es incrementar sus cabezas de ganado, precautelando la buena salud de ellos.
Es la tercera vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.
Previous Loan DetailsEdwin is a dairy farmer; he also sells bran. He will use the money from the loan to buy dairy cattle: a pair of dairy cows to increase milk production and his income. He lives in a house of his own located in Laja, Los Andes Province in La Paz Department. He’s single and has no children. This... More from Edwin's previous loan »
More information about this loan
This loan is for Bolivian entrepreneurs who follow cleaner production principles in their work, including waste reduction and environmental protection. By supporting this loan, you are promoting economic activities that are environmentally friendly but that also maximize productivity to help borrowers boost their incomes.
About IMPROIMPRO 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Jun 1, 2013
- Jun 19, 2013
- Currency Exchange Loss:
- Oct 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.