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Felipa
Felipa sells food to construction workers. Her level of education is secondary. She lives in her own brick house with cement floor with her two children; her house is located in the city of La Paz’s Bajo Llojeta zone. Felipa sells Monday to Friday at construction sites and generates income to cover her food, electricity and water costs. She needs the loan to buy ingredients like noodles, rice, chicken, beef and other ingredients needed to make the food. Felipa’s dream is to have a proper place for her business and not have to go out to construction sites to sell. This is her third time with IMPRO and first with KIVA.
View original language description ↓
La señora Felipa vende comida a los obreros que trabajan en las construcciones, su nivel de educación es secundaria, vive en casa propia con sus dos hijos con un acabado de ladrillo y piso de cemento, su vivienda esta ubicada en la zona de bajo llojeta de la ciudad de La Paz.
Felipa vende de lunes a viernes comida en las construcciones, del cual genera sus ingresos para cubrir sus gastos de alimentacion, luz, agua; el crédito lo requiere para la compra de insumos como ser fideo, arroz, carne de pollo, de res y otros insumos requeridos para elaborar comida.

El sueño de felipa es tener instalaciones propias para su negocio y no tener que ir de construccion en construccion para vender.

Es la tercera vez con 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

  • $2,817
    Average annual income
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Felipa to buy noodles, rice, chicken, beef and other food-preparation ingredients.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014