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

Update on Eloisa

Eloisa has moved to another part of the city of La Paz, but she continues to work at a school as a teacher. She previously received assistance from Kiva in order to pay for her daughter’s thesis. Now it is she who wants to take a postgraduate continuing education course. For this reason, she needs a new loan since her situation is more difficult and competitive than before.
View original language description ↓
Eloisa se ha trasladado a otra parte de la ciudad de La Paz, continúa trabajando como maestra en una unidad educativa, anteriormente recibió ayuda de Kiva para pagar la tesis de su hija, ahora es ella quien desea tomar un curso de post grado y actualizarse, para eso necesita un nuevo crédito, puesto que su situación es más difícil y competitiva que antes

Previous Loan Details

Eloisa works as a teacher at an educational center in the city of La Paz. The loan she is requesting will be used to pay the cost of her daughter's thesis, which she needs to graduate so that she can earn more income. Eloisa is married and has three children who live with her. They live at her... More from Eloisa'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.

About Bolivia

  • $2,817
    Average annual income
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $29,393,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Eloisa to pay for a postgraduate continuing education course.
79% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
N/A
This photo was used before for a previous loan for Eloisa. It was first posted on Kiva on Mar, 2012. Learn More