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View original language description ↓
Mr. Emilio M. owns his own home on the mountain slopes to the west of La Paz. He shares his home with his wife, Julia. Mr. M. is retired from his City Hall job, and the couple lives on his retirement pay.

They bought their home through a private bill of sale. Because the previous owner is dead, he must now pay a substantial tax for the conveyance of the property to clear the house deed. Legal red tape relating to real estate transactions is very common in the communities on the outskirts of La Paz.

He is asking for a loan to meet the various costs of correcting this legal defect in the deed to his home. This is the sixth loan IMPRO has granted to Mr. M.. His payment history and social standing make him a good candidate for this loan.

Translated from Spanish by Antonio Padial, Kiva Volunteer

El señor Emilio M. vive en casa propia en la zona de Pasankeri, ladera oeste de la Ciudad de la Paz con su esposa, la señora Julia M., El señor M. es jubilado de la alcaldía de La Paz, cuenta con ingresos de jubilación con los que los esposos M. se mantienen.

La propiedad de la familia M. fue adquirida mediante una minuta de compra y venta privada y el propietario original de la vivienda falleció por lo que el tramite de regularización en Derechos Reales le esta exigiendo un monto impositivo para la adjudicación y propiedad legal de la vivienda. Este problema de legalización es muy frecuente en las laderas y zonas marginales de la ciudad de La Paz.

El crédito que solicita es para la refacción y tramite de legalización de la vivienda.
Este es el sexto crédito otorgado por Impro al señor M. y los antecedentes históricos así como el estudio socioeconómico lo califican como buen cliente y puede acceder a un nuevo crédito.

Additional Information


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.

About Bolivia

  • $5,500
    Average annual income
  • 117
    View loans »
    Bolivia Loans Fundraising
  • $36,694,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Emilio clearing deed to home.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jul 6, 2007
Jun 21, 2007
Currency Exchange Loss:
Feb 15, 2009