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Juana
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Juana, her husband and two children, ages 22 and 20 respectively, live on Gracilazo de la Vega Street in the Nueva Jerusalén neighborhood located in the city of El Alto. She works together with her husband in a small iodized salt processing operation whose production is sold directly to the public in the cities of El Alto and La Paz. The loan will be used to acquire the principle product (salt) at wholesale prices thereby benefiting from economies of scale due to the reduction in cost of said product. This is her third loan with Impro. Her track record and previous evaluation qualify her for the loan.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.




Juana, su marido y sus dos hijos de 22 y 20 años respectivamente, viven en la calle Gracilazo de la Vega de la zona Nueva Jerusalén ubicada en la ciudad de El Alto.

Ella trabaja junto a su esposo en una pequeña procesadora de sal yodada, comestible cuya producción es vendida directamente al público de las ciudades de El Alto y La Paz.

El crédito servirá para adquirir el principal insumo (sal) al por mayor y asi beneficiarse de las economias de escala, debido a la reducción del costo de dicho insumo.

Este es su tercer crédito con Impro, sus antecedentes y la evaluación previa la califican para otorgarle el préstamo.

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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.3
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Juana purchase salt for an iodized salt production business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 2, 2008
Listed
Jun 6, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010