Check out some available loans that are similar to this one!
Marcia

Update on Marcia

Marcia works as a janitor and also sells food on the weekends. She only studied up to secondary school. She lives in the city of La Paz. Marcia works 12 hours a day or more in order to pay for water, light and education as she is an independent person. She needs this loan to buy supplies for her food business such as peanuts, chilies, and other foods.
View original language description ↓
Marcia trabaja como portera y ademas vende comida los fines de semana, su educación sólo llega hasta nivel de secundaria. Vive en la ciudad de la Paz.

Marcia trabaja mas de 12 horas al dia para cubrir gastos de agua, luz y educacion ya que es una persona independiente.

Necesita crédito para compra de insumos para su negocio de comida como picantes, maní y otros comestibles.






Previous Loan Details

Marcia works as a building superintendent and lives in her place of work; it has fine finish and a cement floor. Her work is located in the city of La Paz’s Villa Copacabana zone. Marcia, aside from being a building superintendent, works weekends selling food to cover her food, electricity and ... More from Marcia's previous loan »

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.

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,670,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marcia to buy supplies for her food business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 3, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015
This photo was used before for a previous loan for Marcia. It was first posted on Kiva on Dec, 2012. Learn More