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Lorena

Lorena lives with her husband and two minor children in a rented home in the Villa Fatima neighborhood of La Paz. She has been selling children's shoes in a centrally-located and very popular retail district of La Paz for the past 15 years.



She needs this loan to purchase a greater variety and expanded inventory of shoes, as she's a very well known merchant and doesn't want to lose any clients.



Her credit history with IMPRO dates back to 2002 and identifies her as a qualified borrower.



Translated from Spanish by Rosario McFaull, Kiva Volunteer.



La señora Lorena vive en anticretico en la calle Final Tejada Sorzano de la zona de Villa Fátima de la ciudad de La Paz con su esposo y sus dos hijos menores; desde hace mas de 15 años se dedica a la venta de calzados de niños en la calle Huyustus, lugar comercial ubicado en una de las zonas mas populares de La Paz, donde se vende todo tipo de prendas de vestir.



El crédito que solicita es para comprar más mercadería y tener mas variedad de calzados para ofrecer a sus clientes, pues ella es muy conocida en el sector y no quiere perder clientela.



Su antecedente histórico con Impro data del año 2002 y la califica como muy buena cliente; en consecuencia ella puede acceder a un nuevo crédito.

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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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lorena to purchase merchandise.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 6, 2007
Listed
Aug 22, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009