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Paola
View original language description ↓
Ms. Paola R. lives in a rented home in the Tocopilla passage of the Bajo Tacagua zone in the city of La Paz with her family. She makes gym shorts for men and children for a living. She is requesting a loan in order to purchase a sewing machine, since the one she currently has cannot meet customer demand. Furthermore, this business generates employment opportunities for two more people, who also earn income in order to cover their bare necessities and support their families.


She has a favorable credit history, which is why she can request a new loan. She has been a member of Impro since 2007, and her payments have always been made following the established agreements.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


La señora Paola vive en alquiler en el pasaje Tocopilla de la zona Bajo tacagua de la ciudad de La Paz con su familia; la actividad que realiza es la confección de Pantalones cortos deportivos para niños y adultos. El crédito que solicita es para la compra de una maquina de costura ya que con la que tiene no abastece la demanda de sus clientes. Además con esta actividad genera empleo a dos personas las cuales de alguna manera también generan sus ingresos para poder cubrir sus mínimas necesidades y mantener a sus familias.



Su antecedente es bueno por lo cual puede acceder aun nuevo crédito. Es cliente de Impro desde el año 2007 y sus pagos han sido siempre efectuados dentro de los plazos establecidos.

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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 7.2
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Paola purchase sewing machine for making gym shorts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 22, 2008
Listed
Jul 7, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010