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Juan
Juan Carlos is a single father of two school-age daughters (6 and 9 years old). They have a home with modest conditions in the city of La Paz. The area where they live is quite poor, so Juan Carlos is requesting a loan so that he can add another room. At the moment, they all share one room.

Juan Carlos is a public transportation driver. He works more than 10 hours a day and spends the rest of his time taking care of two young daughters and providing for their education. His dream is to provide a life and a decent education for his daughters.
View original language description ↓
Juan Carlos es padre soltero de dos niñas que estan en edad escolar (6 y 9 años), tienen una vivienda propia de humildes condiciones en la ciudad de La Paz. La zona donde viven es bastante pobre y el señor requiere el crédito para complementar la construcción de una habitación mas ya que actualmente todos viven en su solo cuarto.

El cliente es transportista de servicio público donde trabaja mas de 10 horas al día, el tiempo restante lo dedica en el cuidado y en la educación de sus dos pequeñas hijas. El sueño de Juan Carlos es darle una vida y educación decente a sus hijas.

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

  • $2,817
    Average annual income
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $30,286,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Juan to add another room to his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014