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Luciano
Luciano works as a mason. He lives in the house of his brother-in-law, in two rooms which are lined with adobe and have a dirt floor, in the Bajo Llojeta zone of the city of La Paz.

He needs the loan to buy construction materials to renovate the two rooms with higher-quality surfaces, thus offering his family a better quality of life.

Luciano's dream is to save up enough money to move out of his brother-in-law's house and improve his family's standard of living.
View original language description ↓
El señor Luciano trabaja como albañil, vive en la casa de su cuñado en dos cuartos en acabado de adobe y piso de tierra, en la zona de Bajo Llojeta de la ciudad de la Paz.
El crédito lo requiere para la compra de material de construccion para dos cuartos con acabado fino y asi ofrecer una mejor calidad de vida a su familia.

El sueño de Luciano es poder reunir el suficiente dinero para dejar de vivir en la casa de su cuñado y mejorar el nivel de vida en su familia.

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

  • $5,500
    Average annual income
  • 196
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Luciano to buy construction materials to renovate two rooms.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
N/A
Expired:
Nov 3, 2013