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Eduardo
Eduardo is separated with 4 children and lives in La Paz in a house of brick and cement where he pays an anticretico [a fixed sum upon renting a house instead of monthly rent] but at least he has all the services.

Eduardo makes a living as a primary school teacher and needs this loan to increase the amount of his anticretico so that the owner of the house will allow him to continue occupying the place where he lives, as Eduardo is very comfortable in this place with his children.
View original language description ↓
Eduardo es separado tiene 4 hijos y vive en La Paz en una casa de ladrillo y cemento donde paga un anticretico pero al menos cuenta con todos los servicios Eduardo se gana la vida como profesor de primaria y necesita un credito para incrementar el monto de su anticretico para que el dueño de casa le permita seguir ocupando el lugar donde vive ya que Eduardo esta muy comodo y feliz en ese lugar con sus hijos

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,681,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,175 helped Eduardo to increase the amount of his anticretico so that the owner of the house will allow him to continue occupying the place where he lives.
24% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2014
Listed
Jul 21, 2014
Currency Exchange Loss:
Possible