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Martha

Update on Martha

Martha is separated from her husband and lives in La Paz.

She sells fruit in the southern part of the city, walking every day selling seasonal fruit in different places. She needs this loan to buy more fruit to offer her customers.

Martha's dream is to have a convenience store in her home.
View original language description ↓
Martha esta separada del esposo, vive con sus hijos en casa propia de la ciudad de La Paz.

Actualmente se dedica a la venta de fruta en la zona sur de la ciudad de La Paz, ambulando todos los dias vendiendo frutas de temporada las cuales las comercializa en diferentes lugares tanto en pensiones y snaks.Necesita credito para incrementar su capital de trabajo y poder comprar más fruta para ofrecerla a sus clientes

El sueño de Martha es tener una tienda de abarrotes en su casa

Previous Loan Details

Martha is married and has four children who are school age. They live in her house occupying a single room with brick walls and dirt floor. The house is located in the city of La Paz’s Las Lomas zone. She has changed her line of work and now is earning income selling fruit from place to… More from Martha'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.

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About Bolivia

  • $2,817
    Average annual income
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Martha to buy fruit.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014