Update on DeysiDeysi is married and lives in a rental situation in the neighborhood of Challapampa in the city of La Paz. She is a teacher in two high schools. Her husband is currently in a delicate state of health, which is why she is the only source of income for her family.
She needs the loan so her second daughter can finish her Agricultural Engineering studies, and also to buy equipment necessary for said studies. Once her daughter finishes her studies, she has work in the city of Santa Cruz, where she will travel immediately.
Deysi’s dream is to see both of her children become professionals and have more comfortable lives than she did.
Requiere el crédito para que su segunda hija termine sus estudios de Ingeniería Agrónoma y la compra de equipo que necesita para dichos estudios. Una vez que la hija termine sus estudios tiene trabajo en la ciudad de Santa Cruz, a donde viajará inmediatamente.
El sueño de Deysi es ver a sus dos hijos profesionales y que tengan una vida más cómoda que la que ella tuvo.
Previous Loan DetailsDeysi is single and has two children who are studying. They live in anticrético housing [a term that refers to when a tenant pays a fixed sum upon renting a house instead of montly rent] located in the Challapampa zone of the city of La Paz. She currently works as a natural sciences teacher at... More from Deysi's previous loan »
About IMPROIMPRO 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Apr 16, 2013
- Apr 21, 2013
- Currency Exchange Loss:
- Nov 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.