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Freddy
Freddy’s married and has three children who are all independent now. They live in his own, four-bedroom house located in the city of La Paz. He currently works in his print shop for more than ten hours daily and uses income earned there to pay food, utilities and his print shop’s rent.

He needs the loan to buy a machine to make IDs since this will improve his income and also his quality of life; his print shop is his only source of income. He needs a modern machine that does not waste as much raw material. Freddy’s dream is to build a space at home to set up his print shop and save on rental costs thus also having more comfort and security.
View original language description ↓
Freddy es casado y tiene tres hijos los cuales ya son todos independientes, viven en casa propia ocupando cuatro habitaciones, la casa se encuentra ubicada en la ciudad de La Paz.
Actualmente trabaja en su imprenta por mas de diez horas al día, y con los ingresos que tiene debe cubrir los gastos de alimentación, pago de servicios básicos y pago de alquiler de su imprenta.
El crédito lo requiere para la compra de una maquina para hacer credenciales,ya que con esto mejorara sus ingresos y también su calidad de vida., la imprenta es su única fuente de ingresos, así que necesita una máquina moderna que no gaste demasiada materia prima.
El sueño de Freddy es construir un ambiente en su casa para implementar su imprenta y ahorrar en el pago de alquileres, de esta forma también tener mas comodidad y seguridad.

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

  • $5,500
    Average annual income
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Freddy to buy an ID-making machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2015