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Elena
Elena has a seamstress shop where she makes men's jackets and coats. She also travels to buy jackets and coats in Desaguadero (Peru) in order to have imported ones, as well, in her shop. She receives contracts from businesses or individuals to make the jackets or coats. She also increases her business by making exercise clothes and doing all sorts of sewing jobs. She doesn’t have permanent employees, but she creates jobs indirectly since it is her son who cuts the fabric and sends it to the homes of tailors so they can finish the process of assembling the clothing; she pays them for the finished work. She lives in the Tembladerani zone of the city of La Paz, which is also where she also has her shop. She has a place in the Eguino Plaza, in La Paz, where she sells her products individually or by the dozen. Elena has been a client of IMPRO since May 1998. Her history with our institution qualifies her as “Client 1”, which means she has earned the level “Good” in the repayment of her obligation. The amount requested will be used to buy materials (fabrics, zippers, thread, and decorations for the jackets and coats). Her job and credit history with IMPRO allow her to obtain this loan, since she has experience in her business, the income from which will cover the loan.

Translated from Spanish by Jennifer Day, Kiva Volunteer.


Elena tiene un taller de costura donde elabora chamarras y parcas de varón. También viaja a comprar chamarras y parcas a Desaguadero (Perú) para dotar a su puesto con chamarras importadas. Recibe contratos de empresas o personas particulares para la elaboración de chamarras o parcas, además que amplia su negocio realizando buzos deportivos y todo referente a costura; no tiene empleados fijos, pero genera trabajo indirecto ya que es su hijo quien efectúa el corte de las prendas y envía a domicilio a costureros para que puedan terminar las prendas en proceso de confección cancelándoles por trabajo terminado.
Vive en la zona de Tembladerani de la ciudad de La Paz, donde también está su taller, y tiene un puesto de venta en la Plaza Eguino de la misma Ciudad donde vende su producto por unidad y docena.
Es cliente de Impro desde Mayo de 1998 Su historial en nuestra institución la califica como cliente 1, es decir con cumplimiento Bueno en el pago de su obligación. El monto solicitado será destinado para la compra de materia prima (Tela, forro, cierre, hilo y adornos para la elaboración de chamarras y parcas)
Su trabajo y antecedentes crediticios con Impro le permiten acceder a este crédito ya que tiene experiencia en su negocio el cual le da ingresos para cubrir el préstamo.

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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elena working capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 2, 2007
Listed
May 17, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009