Funded

Total loan: $900
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Raúl

Bolivia
El Alto, Bolivia / Tailoring

A loan of $900 helped to buy a sewing machine.


Raúl's story

Raúl’s married and has three children two of which are already independent; he lives just with his youngest one in a house of his relatives occupying a room with adobe walls and dirt floor. The house is located in the city of El Alto’s Villa Ingenio zone.

He only attended elementary school and earns income at present making clothes for both genders (shirts, pants, jackets). He works more than ten hours a day because he must cover his family’s food, school and basic utility costs.

He needs the loan to buy another sewing machine because he has large pending orders and he would like to improve his income. This clothes-making activity is the only source of income he has.

Raúl’s dream is to acquire a house in the ‘anticrético’ modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you] to provide more comfort for his family. This is the second time he’s worked with IMPRO and KIVA.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

27 months
Disbursed date: July 23, 2012

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: July 23, 2012