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Celia

Update on Celia

Celia is divorced and has three adult children. She lives in La Paz and works, selling clothing and food on foot at taxi stands and bus stops. She covers the cost of her food and basic expenses with the money she earns.

She needs this loan so she can increase her inventory of clothing because she wants to improve her income and quality of life.

Celia's dream is to have a store where she can sell her products because the work she does is very difficult, carrying quintals of sugar and rice, besides selling clothing.
View original language description ↓
Celia es divorciada y tiene do hijos los cuales ya son independientes, vive en la ciudad de La Paz.
Ha modificado su actividad laboral, trabaja vendiendo ropa y víveres de forma ambulante ofreciendo a los trufis o en las paradas de buses y con lo poco que gana debe cubrir los gastos de alimentación y pago de servicios básicos.
El crédito lo requiere para incrementar su mercadería de ropa ya que desea mejorar sus ingresos y su calidad de vida.
El sueño de Celia es tener una tienda propia para vender sus productos ya que es muy sacrificado el trabajo que realiza durante todo el día cargando quintales de azúcar y arroz, además de vender la ropa

Previous Loan Details

Celia is single and has two daughters who are no longer dependent on her. She lives at her sister’s house and shares in all of the expenses. The house is made of adobe and has cement floors. It has space set aside for a bedroom, living area, storage closet, and kitchen. The house is located in… More from Celia'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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Celia to buy clothing.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
N/A
Expired:
Oct 6, 2013
This photo was used before for a previous loan for Celia. It was first posted on Kiva on Dec, 2012. Learn More