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Benedicto
Benedicto is single, with no children. He lives in a rental house located in the Cosmos 79 area of the city of El Alto. He studied through the middle school level. He works as a locksmith’s assistant and earns a daily wage.

He needs the loan to buy work tools so that he can become independent and have a better income and quality of life. Benedicto’s dream is to have his own locksmith workshop to give work to various people.

This is the first time that he has asked for a loan from IMPRO and the first time with Kiva.
View original language description ↓
Benedicto, es soltero no tiene hijos, vive en alquiler en una casa que se encuentra ubicada en la zona Cosmos 79 de la ciudad de El Alto.
El estudio hasta el nivel secundario. El trabaja de ayudante de cerrajero y gana un jornal diario.
El crédito lo requiere para comprar herramientas de trabajo para así poder independizarse y tener mejores ingresos y calidad de vida
El sueño de Benedicto es tener su propio taller de cerrajería dar trabajo a varias personas.
Es la primera vez que solicita crédito junto a IMPRO y la primera vez con KIVA.

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 Bolivia

  • $5,500
    Average annual income
  • 200
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Benedicto to buy tools for his work as a locksmith, to be able to become an independent worker.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014