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Teresa
Teresa is an artisan, and she also sells all types of handicrafts that she gets in the Oruro department.

She needs the loan to buy a greater quantity of handicrafts. That way she will increase her merchandise and improve her income.

She lives in her own house, which is located the Villa Exaltación zone in the city of La Paz. She is single, and she does not have children.

This is the first time that Teresa has applied for and received a loan from IMPRO. Due to her integrity as a businesswoman her request is being sent to Kiva for funding.
View original language description ↓
La señora Teresa es artesana y también vende todo tipo de artesanías que trae del departamento de Oruro. El crédito lo requiere para la compra de mayor cantidad de artesanías y así aumentar la mercadería y mejorara sus ingresos. Vive en casa propia ubicada en la zona de Villa Exaltación en la ciudad de La Paz; es soltera y no tiene hijos. Es la primera vez que Teresa aplica y obtiene un crédito en IMPRO y por el carácter de mujer empresaria se lo envia a Kiva para su fondeo.

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
  • $29,549,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Teresa to buy handicrafts in the city of Oruro in order to sell them in the city of La Paz.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 17, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012