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German
German lives at the home of some relatives. The house is made of adobe and has a cement floor. It is located in the District of Las Lomas in the city of La Paz. German provides transportation services with a minibus that is used to carry passengers.

He needs a loan for the maintenance of his work vehicle. With the increased profits, he will be able to cover his household expenses. German's dream is to have a house of his own and to see his children finish their higher education.
View original language description ↓
German vive en casa de unos falimiares en un acabado de abobe y piso de cemento en la zona de Las Lomas de la ciudad de La Paz. El oficio que desempeña es transportista (tiene un minibus de transporte de pasajeros). German necesita el crédito para el mantenimiento de su herramienta de trabajo y así poder obtener mayores beneficios y poder cubrir con los gastos que tiene en su hogar.

El sueño de German es poder tener casa propia y que sus hijos terminen su estudio superiores.

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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped German to pay for general maintenance of his minibus.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015