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Olga
View original language description ↓
Olga lives on Luís Espinal Avenue, Street 4 in the Puerto Mejillones area of the city of El Alto. She lives with her husband who has an auto repair shop and her two children, ages 24 and 13. Olga sells vegetables in a street stall located on the city’s main avenue. The loan is to buy more merchandise (lettuce, beans, radishes, etc.) and thereby increase her sales and her income. This is her first loan with Impro, and her evaluation qualifies her to receive the loan.


Translated from Spanish by Cindy Kendall, Kiva volunteer.



Olga vive en la avenida Luís Espinal, calle 4 de la zona Puerto Mejillones, de la cuidad de El Alto.

Vive junto a su esposo el cual tiene un taller de refacción de autos, y sus dos hijos de 24 y 13 años respectivamente. Olga se dedica al la venta de legumbres y hortalizas en un puesto callejero ubicado en la avenida principal.

El crédito lo destinara en la compra de más mercadería (lechugas, habas, rábanos, etc.) y así incrementar sus ventas y por lo tanto sus ingresos.

Es el primer crédito con Impro, la evaluación realizada la califica para otorgarle el 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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,784,250
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Olga compra de legumbres y hortalizas para su puesto de vernta.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 3, 2008
Listed
Feb 18, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 8, 2008