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Mercedes
Mercedes devotes herself to milk production, which she sells to the industrial milk production plant called PIL. Her husband is a teacher.

She needs the loan to buy a dairy cow in order to increase milk production and generate better income for her family.

She lives in her own house in Achacachi in the La Paz department. Mercedes is married and has one child.

This is the first time that she has requested a loan from IMPRO and Kiva.
View original language description ↓
La señora Mercedes, se dedica a la producción de leche que vende a la Planta Industrializadora de leche PIL y su esposo es profesor. El crédito lo requiere para la comprar una vaca lechera para aumentar la producción de leche y generar mejores ingresos para su familia. Vive en casa propia ubicado en la localidad de Achacachi del departamento de La Paz; Mercedes es casada y tiene un hijo. Es la Primera vez que solicita un crédito en IMPRO y en Kiva.

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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Mercedes to buy a dairy cow in order to increase milk production and generate better income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012