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Marco A.
Marco and his brother produce cow’s milk cheese, which they sell at wholesale quantities in the local markets of the cities of La Paz and Viacha, in Bolivia. The amount of milk that they produce is insufficient and therefore they have to stockpile milk from the community where they live. In this way they also create jobs indirectly for the milk producers of their community.
They live with their parents who are retired and their sister who is studying at the state university UPEA, in the city of El Alto. The family lives in the Achica Baja community, located in the Ingavi province, 3 hours away from the city of La Paz.
They will use the loan to buy a dairy cow of medium quality so that they can increase the amount of milk and therefore cheese they produce.
This is their first Impro loan and our evaluation has determined that they are eligible for it.
View original language description ↓
Marco junto con su hermano son productores de queso de vaca, los cuales son comercializados al por mayor en las ferias populares de la Ciudad de La Paz y Viacha; la producción de leche que ellos generan es insuficiente entonces tiene que acopiar leche de la comunidad donde ellos habitan; de esa forma también ellos generan empleo indirecto a los productores de leche de su comunidad.

Viven con sus padres que son de la tercera edad y una hermana que esta estudiando en la universidad estatal en la Ciudad de El Alto UPEA. Viven en la comunidad Achica Baja de la Provincia Ingavi (a tres horas de la ciudad de La Paz).

El crédito lo destinara para la compra de una vaca lechera de mediana calidad para que incremente su producción leche y de esta manera también incrementar su producción de queso.

Es el primer crédito con Impro, la evaluación realizada lo califica para otorgarle el crédito.

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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Marco A. to buy a dairy cow to increase their milk production to levels sufficient enough for them to produce cheese.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2008
Listed
Nov 24, 2008
Currency Exchange Loss:
N/A
Ended:
May 18, 2010