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Norma
Norma is currently single, but she has three children. She lives with her parents in La Paz. The house in which she lives belongs to her parents and is made of bricks and cement. It receives all of the basic services.

Norma works as a maid. Unfortunately, she is not able to take risks because of her exhausting schedule. She needs a loan in order to repair the kitchen in her house. The cost includes buying cement, ceramic tiles, and other construction materials.
View original language description ↓
Norma es actualmente soltera pero tiene tres hijos. Norma vive con sus padres en La Paz. La casa de ladrillo y cemento es de propiedad de sus padres y tiene todos los servicios básicos. Norma trabaja como sirvienta. Afortunadamente, Norma no corre riesgos ni tiene un horario exigente. Necesita crédito para refacción de cocina de su casa, esto incluye compra de cemento, cerámica y otros materiales de construcción.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Norma to buy cement, ceramic tiles, and other construction materials for repairing a kitchen.
84% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
N/A