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Dante

Update on Dante

Dante is single and lives in a rented home in La Paz. He is a professional chef and works on his own, providing food service. He is a new professional and he has trouble finding jobs because he is not yet well known. He needs this loan so he can buy another oven to increase his production and be able to fill large orders for customers who need his services quickly (which happens when a customer has hired another person who has not delivered, and who must work quickly to find a replacement.) Besides, an investment like this one will allow Dante to preserve his customer’s health, by selling food prepared cleanly and will less energy.

Dante’s dream is to grow professionally and find better options for life in the future, where he won’t have to pay rent.
View original language description ↓
Dante es soltero, vive en alquiler en la ciudad de La Paz. Es chef profesional y trabaja de manera independiente dando servicios gastronómicos. Dante es un profesional reciente, por lo que no es muy conocido y le cuesta mucho conseguir trabajos eventuales. Requiere el crédito para la compra de otro horno para incrementar su produccion culinaria y ser apto para atender órdenes grandes de clientes exigentes que requieran un servicio de urgencia (que es lo que sucede cuando alguien previamente a contratado a una persona que acaba fallándole, por lo que debe apurarse en encontrar un reemplazo). Además, una inversión como esta permite a Dante no afectar la salud de sus clientes vendiendo comida en buen estado y siendo preparada con menos gasto de energía.

El sueño de Dante es crecer profesionalmente y en el futuro encontrar mejores opciones de vivienda donde no tenga que pagar alquileres.

Previous Loan Details

Dante works as a consultant and restaurant manager since he has a contract with the city of Santa Cruz. He needs the loan to set up his own restaurant to earn income to help his family. Dante is single and has no children. He lives in his parents' house in the city of La Paz's Irpavi zon... More from Dante's previous loan »

Additional Information

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 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.

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About Bolivia

  • $2,817
    Average annual income
  • 122
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,200 helped Dante to buy an oven.
85% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 20, 2013
Currency Exchange Loss:
N/A
This photo was used before for a previous loan for Dante. It was first posted on Kiva on Mar, 2012. Learn More