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German
German lives in his own home in La Paz. He earns his living by preparing sportswear with contracts from different high schools. He works for more than eight hours daily. He is requesting this loan to purchase fabric to continue his business because it is his only source of income to cover their household's needs. German's dream is to have a larger workshop. He currently works from home.
View original language description ↓
German, vive en casa propia en La Paz, se dedica a la confeccion de deportivos, realizando contratos con diferentes colegios.trabajando por mas de ocho hras diarias.

El credito que solicita es para la compra de tela para poder continuar con su negocio ya que es su unica fuente de ingresos que le permite cubrir todas sus necesidades.

El sueño de German es poder tener un taller mas grande ya que actualmente trabaja en su casa.

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

  • $2,817
    Average annual income
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $300 helped German to purchase fabric to manufacture sportswear.
91% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2014
Listed
Mar 5, 2014
Currency Exchange Loss:
Possible