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Samuel
Samuel M. sells music videos, movies on DVD and VCD in the evenings on Tihuanaku Avenue in the city of El Alto. He also works as a taxi driver during the day. He employs two people at his market stall. His income allows him to support his 75 year-old mother and his 12 year-old son. He lives in the Villa Tunari-Rio Seco zone of the city of El Alto.

The loan will be used to buy inventory, which will allow him to meet the demand for his products. Because of his good credit history, it is possible for him to take out a new loan in order to strengthen his commercial activities and thereby improve his income.

Translated from Spanish by Jennifer Day, Kiva Volunteer.




Samuel M., es comerciante de Videos Musicales, películas en DVD y VCD por la noches en la Av. Tihuanaku de la Ciudad de El Alto, asimismo trabaja como transportista del servicio público (TAXI) durante el día , emplea a dos personas para el puesto de venta, los ingresos que genera le permiten la manutención de su madres de 75 años y su pequeño hijo de 12 años. Vive en la Zona Villa Tunari – Rió Seco de la Ciudad de El Alto.

El destino del crédito es para la compra de mercadería, misma que le permitirá satisfacer la cantidad de demanda que existe en su puesto de venta.

Por su buen antecedente crediticio, le permite acceder a un nuevo crédito para poder fortalecer su actividad comercial y de esa forma mejorar sus ingresos económicos.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Samuel working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 11, 2007
Listed
Apr 24, 2007
Currency Exchange Loss:
N/A
Ended:
May 11, 2008