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Mayde

Update on Mayde

Mayde works growing vegetables and flowers that she then sells at wholesale in one of the markets in the city of La Paz. She lives in her own house with her children; the house is located in the community of Palomar in Río Abajo Sector of Murillo Province in La Paz Department.

She needs the loan to buy improved seeds so that production will be improved and the environment will be protected because by using these seeds less irrigation is needed and this very important resource will be optimized; she will also have a product that’s of such quality that it will produce higher income.

Mayde’s dream is to increase farm production without harming the environment, preserving it and improving her income to have better quality of life.

This is her fourth loan request to IMPRO and second to KIVA.
View original language description ↓
Mayde se dedica a la producción agrícola de verduras, hortalizas y flores, los cuales comercializa al por mayor en uno de los mercados de la Ciudad de La Paz. Ella vive en casa propia junto con sus hijos, la casa esta ubicada en la comunidad de Palomar, del Sector de Rio Abajo de La provincia Murillo del Departamento de La Paz. .
El crédito lo requiere para compra de semilla mejorada: de esta manera mejorara su producción y ayudara a la preservación del medio ambiente ya que al utilizar estas semillas ya no necesitara demasiado riego de agua y así optimizara este recurso tan importante, además tendrá un producto que será de calidad del cual percibirá mayores ingresos.

El sueño de Mayde, es incrementar su producción agrícola sin dañar el medio ambiente, preservándolo y mejorando sus ingresos para tener una mejor calidad de vida..

Es la cuarta vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.

Previous Loan Details

Señora Mayde works in agriculture, and also helps out her parents with milk production. The loan that she is requesting is for the purchase of a pair of dairy cows of decent quality so that she can venture into the dairy sector herself to improve her income. She lives in her parents' home, ... More from Mayde's previous loan »

Additional Information

More information about this loan


This loan is for Bolivian entrepreneurs who follow cleaner production principles in their work, including waste reduction and environmental protection. By supporting this loan, you are promoting economic activities that are environmentally friendly but that also maximize productivity to help borrowers boost their incomes.

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.

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.

About Bolivia

  • $2,817
    Average annual income
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mayde to buy improved vegetable and flower seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014