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Ericka
Ericka is separated and has a son who is not attending school. They live in her parents' house, located in Los Andes, in the city of El Alto. She attended secondary school and now has a sewing studio where she makes vests for men.

She is requesting a loan to buy synthetic and fabric in different designs. She will buy in bulk so that the prices would go down and she will be able to offer her vests to women and children too as well as a wider variety of designs. Her dream is to become a wholesaler.

This is the second time she requests a loan with IMPRO and the first time with Kiva.
View original language description ↓
Ericka está separada y tiene un hijo el cual aún no asiste al colegio, viven en casa de sus padres, la casa se encuentra ubicada en la zona Los Andes de la ciudad de El Alto.
Ella estudio hasta el nivel secundario, tiene un taller de costura donde realiza chalecos para varón.
El crédito lo requiere para adquirir tela de distintos diseños y fibra al por mayor ya que el precio tiende a bajar. Así podrá ofrecer a sus clientes chalecos para damas, niños y una variedad de modelos en prendas, ya que ahora diversificará sus productos.
El sueño de Ericka es convertirse es una distribuidora al por mayor.
Es la segunda vez que solicita crédito junto a IMPRO y la primera vez con KIVA.

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.

About Bolivia

  • $5,500
    Average annual income
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,784,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ericka to buy fabric in different designs to make vests.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014