Check out some available loans that are similar to this one!
Mercedes
View original language description ↓
Mercedes is a merchant of food, clothes and medium-quality jewelry in private and public offices in the city of La Paz. Her husband works as a public transportation driver and with their combined incomes, they are able to support their three sons. They live in the district Tembladerani in the city of La Paz.

The credit she is seeking will be used to increase her merchandise. This way she will be able to increase her income.

This is the fourth loan with Impro. She is an outstanding client and is recommended for another loan. She has been our client since 2004.


Translated from Spanish by Gabrielle Sham, Kiva Volunteer.



Mercedes es comerciante múltiple de comida, ropa y joyas de mediana calidad, productos que comercializa al crédito con pagos diario en las oficinas publicas y privadas de la ciudad de La Paz; el esposo trabaja de transportista público y así complementan los ingresos principales con los que cubren la manutención de sus tres hijos; vive en la Zona Tembladerani de la Ciudad de La Paz.

El crédito solicitado será utilizado para incrementar su mercadería y de esa forma poder generar mayores ingresos familiares.

Es el cuarto crédito con Impro, el buen comportamiento de pago le faculta para acceder a otro préstamo. Ella es nuestro cliente desde el año 2004.

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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Mercedes purchase merchandise.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 8, 2007
Listed
Nov 23, 2007
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009