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Geovanna
Giovanna’s married and has two children attending secondary school. She lives in an ‘anticrétco’ one-bedroom house [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you] located in the city of La Paz’s Llojeta zone.

She earns income at present working more than ten hours daily in her auto body shop (a place where wrecked cars are repaired) with her husband doing all sorts of jobs on vehicles. They use what they earn to cover food, school and basic utility costs for the family.

She needs the loan to buy materials for her auto body shop because she needs sandpaper, paint and others to continue working and increasing income. Giovanna’s dream is to buy a house to have more comfort and security and she also wants to expand the shop. This is the first time she’s worked with IMPRO and with KIVA.
View original language description ↓
Giovanna, es casada y tiene dos hijos que atienden a la secundaría, viven en una casa en anticrético ocupando una habitación; la casa se encuentra ubicada en la zona Llojeta de la ciudad de La Paz.
Actualmente percibe ingresos ya que trabaja por más de diez horas en su taller de chapería (lugar donde se arreglan autos chocados), junto a su esposo, realizando todo tipo de trabajos con vehículos y con lo que ganan deben cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para la compra de material para su taller de chapería ya que necesita lijas, pintura y otros, para continuar con su trabajo y aumentar sus ingresos.
El sueño de Giovanna es comprarse una casa para tener más comodidad y seguridad también desea ampliar su taller.
Es la primera vez que trabaja junto a IMPRO y la primera 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

  • $5,500
    Average annual income
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Geovanna to buy supplies like sandpaper and paint for her auto body shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013