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Carmen
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Ms. Carmen L. lives in a house she owns, in the region of Pasankeri, in the west hills of the city of La Paz, with her two sons, of 16 and 12 years of age. In order to make a living for her family, Ms. Carmen is devoted to the sale of electric appliances in the province of Caranavi. Due to a street opening by the Municipal Government, Carmen is forced to remove soil from the front of her house and build two rooms, adjoining the municipal line, as has been requested by the neighbors committee. The requested loan will be used for the construction of the raw structure of the two rooms and the removal of soil for ground leveling purposes. This is the first time she requests a loan and the socioeconomic analysis favorably qualifies her to receive it.

Translated from Spanish by Leticia Britos, Kiva Volunteer.



La señora Carmen L. vive en casa propia en la zona de Pasankeri, ladera oeste de la Ciudad de La Paz, con sus dos hijos, de 16 y 12 años de edad. La señora Carmen se dedica a la venta de electrodomésticos en la provincia de Caranavi, actividad con la que sustenta a su familia. Por la apertura de la calle, realizada por el Gobierno Municipal, la señora se ve en la necesidad de remover tierra del frente de su vivienda y construir dos habitaciones, delimitando así la línea municipal, como ha sido exigido por la junta de vecinos. El crédito solicitado será destinado a la construcción de dos habitaciones en obra gruesa y el traslado de tierra para la nivelación de suelos. Esta es la primera vez que solicita un préstamo y el análisis socioeconómico realizado la califica favorablemente para acceder al crédito.

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

  • $5,500
    Average annual income
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Carmen construction of two rooms.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2007
Listed
Sep 5, 2007
Currency Exchange Loss:
N/A
Ended:
Sep 21, 2008