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Norah
Norah’s a widow and has two daughters who are already independent. She lives in her own, one-bedroom house located in the city of La Paz’s Sopocachi zone. She’s currently employed as a secretary in a public firm and works more than 8 hours daily because she must cover her food and basic utility costs.

She needs the loan to redo her bathroom and kitchen because the dampness has damaged them. She will buy paint and tile for said renewal. Norah’s dream is to add more bedrooms so that her daughters can move in with her since she currently lives alone. This is her second IMPRO loan request and first with KIVA.
View original language description ↓
Norah, es viuda y tiene dos hijas las cuales ya son independientes, vive en casa propia ocupando solo una habitación, la casa se encuentra ubicada en la zona Sopocachi de la ciudad de La Paz.
Actualmente trabaja como secretaria en una empresa pública por más de ocho horas al día ya que debe cubrir sus gastos de alimentación y pago de servicios básicos.
El crédito lo requiere para la refacción de su baño y cocina ya que tiene mucha humedad y están muy deterioradas. Comprará pinturas y azulejos para dicha refacción.
El sueño de Norah, es construir más habitaciones para poder acoger a sus hijas ya que actualmente vive sola.
Es la segunda vez que solicita crédito 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $2,817
    Average annual income
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $450 helped Norah to buy paint, tile and other supplies to redo the bathroom and kitchen at home.
89% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
N/A