Funded

Total loan: $800
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Alejo

Bolivia
El Alto, Bolivia / Metal Shop

A loan of $800 helped to buy tools.


Alejo's story

Alejo’s single and has two children. He lives in a house as a caretaker occupying a single room. His two children are school age and the house is located in the city of El Alto’s Río Seco zone.

He currently works as a driver in the urban zone for more than twelve hours daily well into the night since he’s the only one who covers food, school and basic utility costs for his family. On weekends he also works as a locksmith in order to improve his income.

He needs the loan to increase capital purchasing tools for his metal shop because he wants to expand it. Alejo’s dream is to get a house under 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 his family with more comfort. This is the first time he’s worked with IMPRO and KIVA.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

14 months
Disbursed date: August 24, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 24, 2012