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Mercedes
Mercedes is married and has four children. She lives in her own home, occupying three small rooms with brick walls and earth floor. The house is located in the Tembladerani area of the city of La Paz.

Currently, she sells fast food in the evenings and until late at night, as she must cover her family's expenses for food, education and payment of basic services.

She also has income from the sale of gold jewelry, which she does during the day as a street vendor, in order to add to her income.

She needs the loan for the purchase of more jewelry for subsequent sale, as this is one of the incomes she has for supporting her family.

Mercedes' dream is to increase her income and to be able to do work on her house, in order to provide more comfort for her family and improve their quality of life.

It is the second time she has applied for a loan with IMPRO, and the first time with Kiva.
View original language description ↓
Mercedes es casada y tiene cuatro hijos vive en casa propia ocupando tres habitaciones pequeñas con paredes de ladrillo y el piso de tierra, la casa esta ubicada en la zona Tembladerani de la ciudad de La Paz.
Actualmente se dedica a la venta de comida rápida por las noches y hasta altas horas ya que debe cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia. También cuenta con los ingresos de la venta de joyas de oro que hace por el día de forma ambulante para aumentar sus ingresos.
El crédito lo requiere para la compra de más joyas para posteriormente venderlas ya que es uno de sus ingresos que tiene para mantener a su familia.
El sueño de Mercedes es aumentar sus ingresos y poder construir su casa para dar más comodidad a su familia y mejorar su calidad de vida.
Es la segunda vez que solicita crédito junto a IMPRO y la primera vez con 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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Mercedes to purchase jewelry to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013