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Luis
Luis, is single and has no children. He lives in his one-room, brick-walled house, located in Alto Miraflores in the city of La Paz. He works more than 10 hours a day in his shop making aluminum windows, and the little income he earns has to cover his food and basic service costs.

He needs a loan to buy a machine that will be very useful in his shop, as he cannot afford to pay for it from his earnings. Luis dreams of building more rooms so that his house will be more comfortable and safer and he will have a higher standard of living.
View original language description ↓
Luis es soltero y no tiene hijos vive en casa propia ocupando solo una habitación con paredes de ladrillo, la casa se encuentra ubicada en la zona de Alto Miraflores de la ciudad de La Paz.
Actualmente trabaja en su taller elaborando ventanas de aluminio por mas de diez horas al día ya que con lo poco que gana debe cubrir sus gastos de alimentación y pago de servicios básicos.
Necesita crédito para la compra de una maquina que le sera de mucha ayuda en su taller, ya que con lo poco que gana no le alcanza para comprarla por sí mismo.
El sueño de Luis es construir mas habitaciones para tener mas comodidad y seguridad y de esta forma mejorar su calidad de vida.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Luis to buy machinery for his workshop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014