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Rosario
Rosario is a single mother of a 2-year old boy. They live in her parents' house, located in the neighborhood 16 de Julio, in the city of El Alto. She attended secondary school and now has a sewing studio at home where she makes crib quilts. She sells her products to wholesalers at the fair that takes place every Sunday in the neighborhood.

She is requesting a loan to buy fabric in bulk in different textures, colors and designs, so that she can offer a wider variety of products. Her dream is to have a bigger studio and to produce a higher volume. This is the first time she requests a loan with IMPRO and Kiva.
View original language description ↓
Rosario, es madre soltera; su niño tiene 2 años de edad, viven en casa de sus padres, la casa se encuentra ubicada en la zona 16 de Julio de la ciudad de El Alto.
Ella estudio hasta el nivel secundario, tiene un taller de costura ubicado en el mismo domicilio, elabora edredones para cuna para bebé, las mismas las comercializa al por mayor los días domingos en la feria de la misma zona.
El crédito lo requiere para adquirir materia prima como ser telas al por mayor en diferentes texturas, colores, y diseños así podrá variar sus productos.
El sueño de Rosario es llegar a tener un taller más grande y producir mayor volumen.
Es la primera 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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 163
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Rosario to buy fabric in bulk in different textures and colors for her dressmaking business of crib quilts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014