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Elva
View original language description ↓
Elva is a businesswoman who sells eggs and cooking oil in bulk. She has a store in the Tejar zone of La Paz, her husband is an accounting instructor in the private schools. These activities are their sources of income which help them cover the costs of raising their two small children. The family lives in the Alto Tejar zone of La Paz. The loan requested will be used to increase Elva's merchandise (eggs and cooking oil) in order to generate better income for her family. This is her second loan with Impro, who determined that she qualifies for this new loan.



Translated from Spanish to English by Laura Jung, Kiva Volunteer



Elva es comercializadora al detalle de huevos y aceite comestible a granel; ella tiene su tienda en la Zona Tejar de la Ciudad de La Paz, su esposo es docente de Contabilidad en los Institutos privados. Esas actividades son sus fuentes de ingreso con los que cubren la manutención de sus dos pequeños hijos. La familia vive en la Zona Alto Tejar de la Misma Ciudad.

El crédito lo destinará a incrementar su mercadería (huevos y aceite)para de esa forma generar mayor ingresos familiares.

Es el segundo crédito con Impro, la evaluación realizada califica para la aprobación del préstamo solicitado por Elva.

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
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 7.1
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Elva purchase of larger quantities of eggs and cooking oil in bulk, which are products that she sells.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 26, 2008
Listed
Jul 19, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010