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Nancy
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Nancy works as a seamstress in a workshop. She also makes ‘rellenos de papa’ (meat-stuffed potato balls) and desserts, food which her mother sells in markets in Rió Seco, El Alto City. These two activities are her main source of income, which she puts towards caring for her mother and her two young daughters. She lives in Zona Villa Yunguyo in El Alto City.

She requires this loan to purchase a sewing machine so that she can become an independent worker and have her own sewing workshop, her own mini-business.

This is her first loan with Impro and the evaluation has approved her application, given her experience and her determination to succeed.

Translated from Spanish by Lucy Williams, Kiva volunteer



Nancy trabaja como costurera en un taller particular; también elabora rellenos de papa y postre, comida que comercializa su madre en la ferias populares de la zona de Rió Seco de la Ciudad de El Alto. Estas dos actividades son su principal fuente de ingresos con las que mantiene a su Madre y a sus dos pequeñas hijas que dependen de ella; vive en la Zona Villa Yunguyo de la Ciudad de El Alto.

El crédito requiere para comprar maquinaria de costura para de esa forma independizarse y tener su propio taller de costura como microempresaria independiente.

Es el primer crédito con Impro, la evaluación realizada permite otorgarle el préstamo, en vista de su experiencia y de su afán de superación.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.5
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Nancy to purchase a sewing machine so that she can become independent and work for herself.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 12, 2008
Listed
Mar 29, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009