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Juan
Juan is divorced; he has 2 children and lives in the community of Pacallo in a brick and cement house that he rents. Juan works as a security guard in a hotel and needs a loan to build some rooms on a plot of land that is his property. In this way, he will be able to increase his income since he wants to rent them out. Juan is the only source of income in his household, so he needs its help.
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Juan es divorciado tiene dos hijos y vive en la comunidad de Pacallo en una casa de ladrillo y cemento donde paga un alquiler Juan trabaja como empleado de seguridad en un hotel y necesita un credito para construir unas habitaciones en un terreno que es de su propiedad, de esa manera podra mejorar sus ingresos pues Juan quiere cobrar alquileres, Juan es la unica fuente de ingresos en su hogar por lo que necesita su ayuda

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

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About Bolivia

  • $2,817
    Average annual income
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,025 helped Juan to construct some rooms on a plot of land that is his property.
64% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 1, 2014
Currency Exchange Loss:
Possible