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Martin
History of the Client: Mr. Martín P. Quispe works in car maintenance, fixing springs and brake shoes. He lives in Sud Lipe Street in the city of El Alto. His workshop is located on Buenos Aires Avenue in the city of La Paz. He is 36 years old with 6 children, all minors still under his care.

Mr. P. has one employee. The loan will be used to buy tools and raw materials in order to satisfy the demand for his services from his clientele.

This is his third credit with Impro. His history with this institution classifies him as "Client 1", that is to say, with excellent fulfillment of the payment of his obligation.

His previous credit history allows him access to this new loan, since he has experience in his business.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Historia del Cliente: El Sr. Martín P. Quispe se dedica al mantenimiento de vehículos (Arreglo de muelles y balatas). Vive en la Calle Sud Lipe de la ciudad de El Alto, su taller se encuentra ubicado en la Av. Buenos Aires de la Ciudad de La Paz. Tiene 36 años y 6 hijos, todos menores de edad y bajo su dependencia.


El Sr. Martín trabaja con un empleado; y el destino del crédito será para compra de herramientas y materia prima para satisfacer la cantidad de demanda de clientela.


Es su tercer crédito en Impro, su historial en nuestra institución califica como cliente 1, es decir con cumplimiento excelente de pago de su obligación.


Sus antecedentes crediticios le permiten acceder a este crédito ya que tiene experiencia en su negocio.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Martin working Capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 17, 2007
Listed
Apr 3, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2008