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Maria

Update on Maria

Maria lives in her own home constructed of brick with a cement floor in the Pasankeri area of the city of La Paz. She works in commerce. Maria needs the loan in order to buy construction supplies, to buy cement, plaster, and more, so that she can improve her quality of life.

Maria’s dream is to finish building her house.
View original language description ↓
Maria vive en casa propia en un acabado de ladrillo y piso de cemento en la zona de Pasankeri de la ciudad de La Paz. El oficio que desempeña comerciante. Maria necesita el crédito para la compra de material de construccion, comprara cemento, escuco y otros y de esta manera mejorar su calidad de vida.
El sueño de Maria es terminar de construir su casa.

Previous Loan Details

María sells “batidos” (dark beer blended with egg and a little sugar) and juice at the entrance to a church in the city of La Paz. She can also count on income earned by her husband who works as part of the cleaning crew at a public office. She needs the loan to buy 20 sacks of cement and a t... More from Maria'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
  • 174
    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 Maria to buy construction supplies for repairs to her home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2015
This photo was used before for a previous loan for Maria. It was first posted on Kiva on Apr, 2012. Learn More