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Genaro
Genaro is married and has 6 children. He lives in El Alto city, in a clay house that belongs to his relatives. He is a worker at a factory and needs a loan to buy building materials (corrugated iron, cement, stucco) to fix a room of his home.

Genaro is the sole source of income of his house, that’s why he needs the help.
View original language description ↓
Genaro es casado y tiene 6 hijos Vive en la ciudad de El Alto en una casa de adobe que le pertenece a sus familiares Genaro es empleado en una fábrica y necesita un prestamo para comprar material de construccion (calamina, cemento, estuco) para poder arreglar una habitacion de su hogar Genaro es la unica fuente de ingresoe en su hogar, por eso 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $30,294,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $875 helped Genaro to buy building materials (corrugated iron, cement, stucco) to fix a room of his home.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2014
Listed
Aug 4, 2014
Currency Exchange Loss:
Possible
Expired:
Sep 3, 2014