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Milenka
Milenka is single and has no children. She lives in her father's home, which has only one room and has brick walls. The home is located in the village of Palomar in the city of La Paz.
She currently works full time in agriculture. She finished high school and has not gone on to university yet. Despite her young age she knows a great deal about agriculture and livestock. She has to help her father with the finances because they live alone together. She has to cover their food costs and basic bills. For this reason, she is requesting this loan. She wants to buy improved seed in order to facilitate production. This will save her a lot of time because the crops will not need as much water. The production will be more clean and will not damage the environment.
This is the first time that she is requesting a loan from IMPRO and Kiva.
View original language description ↓
Milenka,es soltera y no tiene hijos,vive en la casa de su padre ocupando solo una habitación con paredes de ladrillo,la casa se encuentra en la población de Palomar en la ciudad de La Paz.
Actualmente se dedica por completo a la agricultura,ya que termino la secundaria y aun no entro a estudiar a la universidad; a pesar de su corta edad sabe mucho de agricultura y engorde de ganado,ella debe apoyar a su padre en la parte económica ya que solo vive con el,debe cubrir los gastos de alimentación y pago de servicios básicos,es por eso que solicita el crédito ya que desea comprar semilla mejorada, para facilitar su producción ya que le ahorrará mucho tiempo por que no necesita de tanto riego, además de ser una producción más limpia y sin dañar el medio ambiente.
El sueño de Milenka es estudiar agronomia ya que sabe mucho del área rural.
Es la primera vez que solicita crédito junto a IMPRO y también con KIVA.

Additional Information

More information about this loan


This loan is for Bolivian entrepreneurs who follow cleaner production principles in their work, including waste reduction and environmental protection. By supporting this loan, you are promoting economic activities that are environmentally friendly but that also maximize productivity to help borrowers boost their incomes.

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
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $30,976,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Milenka to buy improved seeds for facilitating prooduction.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014