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Clotilde

Update on Clotilde

Clotilde lives with her common-law husband and has one son. She lives in La Paz in a brick and cement house that she leases. Clotilde makes her living as an assistant carpenter. She needs a loan to buy wood to resell of to transform it into furniture. Clotilde is the only source of revenue for her home so she needs your help.
View original language description ↓
Clotilde vive en concubinato, ella tiene un hijo Ella vive en La Paz en una casa de ladrillo y cemento donde paga un anticrético Clotilde se esta ganando la vida como ayudante de carpintería y necesita un prestamo para comprar madera para revender o transformar en muebles Clotilde es la unica fuente de ingresos en su hogar por lo que necesita su ayuda

Previous Loan Details

Clotilde works in a carpentry shop. She lives in a rented house that has finishing touches and a tongue and groove floor. Her home is located in the Bajo Irpavi neighborhood of the city of La Paz. Clotilde is a carpenter's assistant. From this work, she generates income to cover the food, ... More from Clotilde'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

  • $2,817
    Average annual income
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Clotilde to buy wood to resell or to make into furniture.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014
This photo was used before for a previous loan for Clotilde. It was first posted on Kiva on Jul, 2013. Learn More