Update on RubenRuben is married and he lives with only one of his children who is school-aged. They live in their own home with three rooms. The house is made of bricks and has dirt floors, similar to what you find throughout the population of Palomar in the district of La Paz.
Currently, he works all day every day together with his wife planting and harvesting vegetables and raising beef cattle. They rely on their earnings to cover their expenses for food, education and basic services for their family. The loan he is seeking will be used to buy better seeds that will be helpful because they save water by requiring less water, and they produce crops within a shorter timespan. Ruben's dream is to increase his vegetable and cattle production and thereby increase his earnings so that he can improve his quality of life. This is the fourth time that he is seeking a loan through IMPRO and the second time through KIVA.
Actualmente trabaja junto a su esposa durante todo el día dedicándose a la siembra y cosecha de verduras y a la criá de ganado vacuno.,y con los ingresos con los que cuenta debe cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para la compra de semilla mejorada ya que le sera de mucha ayuda por que le ayuda a economizar agua ya que no necesita mucho riego y también produce en menos tiempo.
El sueño de Ruben es aumentar su producción de verduras y también de ganado para aumentar sus ingresos y de esta forma mejorar su calidad de vida.
Es la cuarta vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.
Previous Loan DetailsRuben is married and has five children, two boys and three girls, all of whom attend school. He lives in his own house with a yard; it also has a bedroom and kitchen but no bathroom. The house is made of adobe with earth floors. It is located in the Mecapaca zone, Palomar sector. Ruben currently… More from Ruben's previous loan »
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 IMPROIMPRO 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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