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Carlos Florencio
Carlos U. pays rent on his home located on Juan Granier Street in the zone of La Paz known as 14 de Septiembre (September 14). He has a tailoring workshop in his rented home. He supports his wife and children with the workshop; it is his only source of income. His loan application is for capital with which to buy working materials. Currently he does only alterations, but he plans to begin making complete suits in order to earn more money with his sales. In Bolivia, making custom suits to order pays well, thanks to the good price the tailor can charge for the final product.

Carlos is one of IMPRO's oldest clients. His credit history is very good; IMPRO recommends helping this microentrepreneur.

View original language description ↓
Carlos U. paga el alquiler de una casa ubicada en la calle Juan Granier de la zona 14 de septiembre (ciudad de La Paz), en donde también tiene un taller de sastrería, con esta actividad mantiene a su esposa e hijos (es su única fuente de ingresos). Su solicitud de crédito es para adquirir material de trabajo ya que actualmente él remienda prendas pero ahora tiene planeado confeccionar trajes completos para ganar más dinero con sus ventas (en Bolivia los trajes hechos a medida son bien pagados debido al buen precio).

Es uno de nuestros clientes más antiguos y su historial es muy bueno, por lo que aconsejamos ayudar a este micro empresario.

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
  • 184
    View loans »
    Bolivia Loans Fundraising
  • $30,976,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Carlos Florencio purchase of materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 1, 2008
Listed
Sep 17, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009