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Narda
Narda works selling cosmetics via catalogue. She lives in her own house that has fine finishing touches and a wood floor; the house is located in the city of La Paz’s Alto San Pedro zone. Narda is a pharmacy employee and also sells cosmetics via catalogue generating income to cover her food, electricity, water and telephone costs. She needs the loan to increase working capital to buy more cosmetics to improve her income and her and her two children’s quality of life. Narda’s dream is to have a store to sell her products in and also that her children complete their university studies. This is her first time with IMPRO and first with KIVA.
View original language description ↓
La señora Narda se dedica a la venta de cosméticos por catalogo, vive en casa propia en un acabado fino y piso de machimbre, su vivienda esta ubicada en la zona de Alto San Pedro de la ciudad de La Paz.
Narda es empleada de una farmacia y también vende cosméticos por catalogo, del cual genera sus ingresos para cubrir sus gastos de alimentación, luz, agua, teléfono; el crédito lo requiere para aumentar su capital de trabajo y comprar más cosmeticos y así mejorar sus ingresos y su calidad de vida e ella y sus dos hijos.
El sueño de Narda es tener una tienda donde pueda vender sus productos y también que sus hijos terminen sus estudios universitarios.
Es la primera vez con 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

  • $5,500
    Average annual income
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Narda to buy cosmetics to stay in business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014