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Lorena
Lorena has a workshop where she makes bedspreads, cushions and bed linens. She has a daughter and is separated from her husband. Her work allows her to earn funds for basic family needs such as food, education and other expenses. She lives in the Bello Horizonte neighborhood of La Paz. She plans to use the loan funds to purchase an industrial sewing machine so that her producion and the quality of her bedspreads will improve. This is the first time she has requested a loan from Impro.
View original language description ↓
Lorena, tiene un taller de costura donde elabora edredones, cojines y sabanas.
Tiene una hija y esta separada de su esposo, su actividad económica le ayuda para tener ingresos y poder solventar los gastos de alimentación, estudios y otros gastos.
Vive en la zona de Bello Horizonte de la ciudad de La Paz, en casa en anticrético.
El crédito será destinado para capital de inversión ( compra de una maquina industrial) que mejorará su producción y la calidad de los edredones.
Es la primera vez que solicita un crédito en Impro.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,926,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Lorena to purchase an industrial sewing machine to improve the quality of the bedspreads she manufactures.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
May 8, 2009
Currency Exchange Loss:
N/A
Ended:
May 18, 2010