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Lusmila
Lusmila is a single mother, and she owns a party venue. She has a highschool education, and she lives in a three bedroom family house with a finely finished tongue and groove wood floor in the Sopocachi district of the city of La Paz.

Lusmila rents her party venue each weekend to cover the costs of food, electricity, her son's education, and other expenses. She needs credit for the renovation of the party room to offer better quality and to improve her income and quality of life. Lusmila's dream is that her son will finish his studies. This is her first time with IMPRO and also with Kiva.
View original language description ↓
La señora Lusmila es madre soltera; tiene un salón de fiestas; su nivel de educación es secundaria, vive en casa familiar ocupando tres habitaciones en un acabado fino y piso de machimbre en la zona de Sopocachi de la ciudad de la Paz.
Luzmila alquila su salón de fiestas cada fin de semana, para cubrir sus gastos de alimentación, luz, agua, educación de su hijo y otros
El crédito lo requiere para la refacción de su salón de fiestas para ofrecer mejor calidad y así mejorar su sus ingresos y calidad de vida.

El sueño de Lusmila es que su hijo termine sus estudios

Es la primera 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 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
  • 90
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Lusmila with the cost of the renovation of her party room, which she rents and receives income to support herself and her son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 7, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014