Update on GiselaGisela lives in her parents’ house in an apartment that was given to her in anticrético. She has a son. She works with her vehicle, and she has a high school education. She occupies a brick room, and the house is in the San Martín area of the city of La Paz. Gisela no longer lives with her husband because they are separated.
Gisela works with her micro-bus providing land cargo transportation. This generates her income to pay for food, electricity, water, and other basic services for herself and her son in the anticrético where she lives.
She needs the loan to buy replacement parts for her vehicle (to buy a pair of tires, brake and transmission fluids, and new air filter). Gisela’s dream is to improve her income to make her more comfortable and to have a house in the future.
This is the 12th time with IMPRO and the eighth time with Kiva that she has had loans. She is very happy about the loan.
Gisela, trabaja con su micro bus prestando servicio de transporte automotor de carga por carretera, con el cual genera sus ingresos, para el pago de alimentación, luz, agua y otros servicios básicos de ella y su hijo en el anticrético donde vive.
El crédito lo requiere para la compra de repuestos de su movilidad (compra de un par de llantas, líquidos de frenos y transmisión, nuevo filtro de aire), el sueño de Gisela es mejorar sus ingresos para su comodidad de vida y en un futuro tener casa propia.
Es la décima segunda vez con IMPRO y la octava con KIVA, que tiene los créditos, y está muy satisfecha con el crédito.
Previous Loan DetailsGisela is a seamstress living with her son and husband who is a driver. She needs the loan to buy a kit to change from gasoline to natural gas for her husband’s taxi because that’s the source of income for family support. With this modification fuel costs will be noticeably reduced. Griselda l... More from Gisela's previous loan »
About IMPROIMPRO 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid