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Celia
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Celia and her husband José have a small carpentry shop. They employ a 14 year old and a 16 year old as assistants. They make all kinds of average quality furniture.


They have two children, 4 and 2 years old, and live with Celia's parents in the Pedro Domingo Murillo district of the city of El Alto.


The loan will be used to buy a TUPY Circular carpentry machine that will help them increase their production and satisfy customer demand.


This is Celia's third loan with Impro. Her first two loans were granted in March and November 2006 and have been repaid in full. It is exactly this responsible repayment of previous loans that makes her eligible for another.

Translated from Spanish by Alexandra Jaffe, Kiva volunteer.



Celia y su esposo José, tienen un pequeño taller de carpintería, empleando a dos jóvenes de 14 y 16 años como ayudantes. Ellos fabrican todo tipo de muebles de mediana calidad.


Tienen dos hijos de 4 y 2 años de edad y viven en la casa de los padres de Celia en zona Pedro Domingo Murillo de la Ciudad de El Alto.


El crédito solicitado será destinado a la compra de una maquina TUPY Circular de carpintería que le ayudara a incrementar su producción y poder satisfacer la demanda que tiene en su mercado.


Es el tercer crédito con Impro, los dos primeros créditos fueron concedidos en Marzo y Noviembre de 2006 y a la fecha están completamente pagados. Precisamente este buen comportamiento de pago le faculta para poder acceder a otro 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

  • $5,500
    Average annual income
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Celia to purchase work tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 29, 2007
Listed
Sep 15, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 1, 2008