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Felipa
View original language description ↓
Felipa lives with her husband (who is a police officer) and her three children in the street " CH " of the Progreso zone located in the city of El Alto. Felipa produces along with her eldest daughter alpaca wool gloves, which are sold to intermediaries. Felipa is requesting the loan to buy production supplies for her business. This is her third loan IMPRO, due to her history record she is qualified to receive another loan.

Translated from Spanish by Ana Gabriela Clark, Kiva Volunteer.



Felipa vive junto a su esposo (cuyo trabajo es ser policía) y sus tres hijos en la calle “CH” de la zona Progreso ubicada en la ciudad de El Alto. Junto a su hija mayor, Felipa se dedica a la confección de guantes de lana de alpaca, los cuales son vendidos a intermediarios. La beneficiaria solicita crédito para la compra de mercadería para su negocio. Este es el tercer crédito de la clienta con Impro, debido a sus antecedentes ella esta calificada para recibir otro 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
  • 204
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.4
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Felipa buy production supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 14, 2008
Listed
Apr 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009