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Abel
Abel is married and has four children who are now independent. Abel lives in his own house, which has only one room. The house is in the Alto Seguencoma area of the city of La Paz.

Abel currently receives a monthly pension and has a daily income from sales in his corner shop. He needs a loan to invest in his health as he is older now and has health problems. Abel needs some tests done on his heart and lungs.

Abel is able to cover the costs of food and paying for basic services with his income

Abel's dream is to expand his shop in order to increase his income as this is his only full-time work. With a larger shop he will improve his quality of life.

This is Abel's third loan with IMPRO, and his second with Kiva.
View original language description ↓
Abel, es casado y tiene cuatro hijos los cuales son todos independientes,vive en casa propia ocupando una habitación, la casa se encuentra ubicada en la zona Alto Seguencoma de la ciudad de La Paz.
Actualmente percibe una renta de jubilación mensual y también obtiene ingresos diarios de la venta en su tienda de barrio,el crédito lo requiere para invertirlo en su salud ya que el es de la tercera edad y se encuentra un poco delicado de salud y necesita unos examenes medicos del corazon y pulmones.
Con todos los ingresos que tiene debe cubrir los gastos de alimentación y pago de servicios básicos.
El sueño de Abel es convertir a su tienda en almacén para mejorar sus ingresos ya que es la única actividad a la que se dedica por completo, de esta forma mejorara su calidad de vida.
Es la tercera vez que solicita crédito junto a IMPRO y la segunda vez junto a 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Abel to pay for medical tests for the heart and lungs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014