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Clotilde
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Clotilde lives in the street "8th of December" in the Senkata zone in the city of "El Alto." She has two children- 19 and 11 respectively.
She is in the business of selling clothes in the informal and large market in the city of El Alto that is located on the "16th of July Avenue."


The loan will be used to purchase better wholesale merchandise. This will help because inflation has caused the price of ingredients for food preparation to rise each day. In this method, she will be able to reduce her bills and not have to increase the price of her food and run the risk of loosing her clients.


This is her fifth credit with IMPRO; her evaluation that was taken qualifies her for this loan. Clotilde has been a client of IMPRO since the year 2006.


This story has been translated from Spanish to English by Nikita Ramchandani, KIVA Volunteer.
Clotilde vive en la calle 8 de diciembre de la zona de Senkata en la ciudad de El Alto, tiene dos hijos de 19 y 11 años respectivamente.
Se dedica a la venta de comida en la feria de comercio informal mas grande de la cuidad de El alto, ubicada en la Avenida 16 de Julio de dicha ciudad.

El crédito lo destinara para el aprovisionamiento y compra al por mayor de mercadería, pues debido a la inflación que ataca al país, los precios de los insumos para la preparación de sus comidas están subiendo cada día. De esta forma ella podrá reducir sus gastos y no tener que aumentar el precio de sus comidas y correr el riesgo de perder clientes.

Es el quinto crédito con impro; la evaluación realizada la califica para otorgarle el crédito. Clotilde es cliente de IMPRO desde el año 2006.

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
  • 210
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 7.6
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Clotilde to buy food to prepare foods (whose prices have gone up due to inflation).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 13, 2008
Listed
Mar 29, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009