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Florencio
Florencio is a a hardworking individual. He lives in a house with his wife in the city of La Paz. His job at a hotel consists primarily of kitchen duties. Florencio and his wife work very hard so that the can accumulate joint assets. He begins his activities at 8:00 A.M. and finishes at 3:00 P.M. in the Nor Yungas section of the city.

Sr. Florencio needs a loan so that he can set up a store and prepare the land so that he can maximize his production to the greatest degree and generate more income. He dreams of having more income since he must sacrifice for his family. He wants to retire peacefully and hopes to have a pension that will enable him to experience a better quality of life.
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Florencio es una persona muy trabajadora vive en un su casa con su señora esposa en La Paz. Se dedica principalmente a la cocina desempeñando funciones en un Hotel, actualmente vive junto a su pareja la cual se desempeñan mucho para poder fromar un buen patrimonio juntos. El comienza sus actividades desde las 8 de la Mañana y termina a las 15:00 en la localidad de Nor yungas de la ciudad, El Sr. Florencio necesita el credito para poder acondicionar un almacen y acondinacion de tierras para poder maximisar su produccion con mucha calidad y asi tener mejor ingresos.

El sueño de Florencio es poder tener mayores ingresos en base al sacrificio que hace su familia, y poder tener una vejez tranquila, espera contar con un salario de vejez que le permita vivir mejorar su calidad de vida.

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

  • $2,817
    Average annual income
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Florencio to set up a store and prepare the land around it.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015