Check out some available loans that are similar to this one!
Ines

Update on Ines

Ines is separated and has two children. They live in her ex-partner's house, which is located in the Villa Bautista Saavedra area of the city of El Alto.

She studied through grade school and makes her living selling cloth and straw hats for women and girls.

She needs the loan to buy a straight-stitch sewing machine and fabric. A little while ago, she took a course on making aprons and traditional Andean skirts, and she wants to begin applying everything she learned, starting to make aprons and skirts.

Ines' dream is to become a wholesaler of women's aprons and traditional skirts. This is the fourth time she is applying for a loan with IMPRO, and the second time with Kiva.
View original language description ↓
Ines es separada tiene dos hijos, viven en casa de su ex pareja, la casa se encuentra ubicada en la zona Villa Bautista Saavedra de la ciudad de El Alto.
Ella estudio hasta el nivel primaria y se dedica a la eventa de sombreros de tela y mimbre para señora y niñas.
El crédito lo requiere para la compra de una maquina de coser recta y telas ya que hace un tiermpo atras ella hizo un curso de confeccion de mandiles y polleras, asi que ella quiere empezar a aplicar todo lo aprendido, comenzando a confeccionar mandiles y polleras.
El sueño de Ines es convertirse en una mayorista de mandiles y polleras para señora.
Es la cuarta vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.

Previous Loan Details

Inés is separated and has two school-age children. They live in her ex-husband’s house located in the city of El Alto’s Bautista Saavedra zone. Inés only attended elementary school and currently is a hat seller at the Río Seco street market Tuesdays and Fridays. She also sells on Thursdays and... More from Ines'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.

About Bolivia

  • $5,500
    Average annual income
  • 223
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ines to buy a straight-stitch sewing machine, so she can begin making women's aprons and traditional Andean skirts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014