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Teofilo
Teofilo is married and has two children. He lives in La Paz in a brick and cement house for which he pays a kind of rent. The bathroom isn't working properly because of an incorrect installation. Teofilo works as a public servant and is seeking a loan to fix the bathroom problem. He is the sole income earner in the family so he needs this assistance
View original language description ↓
Teofilo esta casado tiene dos hijos y vive en La Paz en una casa de ladrillo y cemento donde paga un anticretico En ese lugar el cuarto de baño tiene problemas debido a una instalacion defectuosa Teofilo trabaja como empleado publico y quiere un credito para hacer arreglos en el cuarto de baño Teofilo es el unico que contribuye en la economia familiar 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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,798,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $450 helped Teofilo make repairs to his bathroom.
80% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2014
Listed
Aug 7, 2014
Currency Exchange Loss:
Possible