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Veronica
Veronica is separated and has 2 children, one of whom is still of school age and studying in a public school. They live in a rented house, located in the Alto Lima zone of the city of El Alto. Veronica studied up to secondary level and, at present, she is making cake molds, with the help of her mother and her children. They sell their products at wholesale.

The loan is needed to acquire primary materials such as corrugated iron, wire, and other items to continue with the business, which is her only source of income.

Veronica's dream is to have a larger shop and to produce a greater quantity of cake molds.

This is the 2nd time that Veronica has requested a joint loan from IMPRO and her 1st time with Kiva.
View original language description ↓
Veronica es separada y tiene dos hijos, uno de ellos está en etapa escolar estudia en un colegio público; viven en casa en alquiler, la casa se encuentra ubicada en la zona Alto Lima de la ciudad de El Alto.
Ella estudio hasta el nivel secundario y actualmente elabora moldes para queques con la ayuda de su madre y sus hijos, sus productos los distribuye al por mayor.
El crédito lo requiere para adquirir materia prima como ser: calamina, alambres y otros, para continuar con este negocio que es su única fuente de ingresos.
El sueño de Veronica es tener un taller más grande y así producir mayor cantidad de moldes.
Es la segunda vez que solicita crédito junto a 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

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Veronica to buy at wholesale corrugated iron, wire, and other inputs to continue her cake mold-making business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014