Update on EvaEva lives in her own home with her husband and children in the District of San Martin in the city of La Paz. She continues to make incense candies, which are used for blessing ceremonies performed on people’s house and businesses. This millennial tradition is derived from the beliefs in Mother Earth. Her products are mostly sold in the villages. The loan she is requesting will be used to buy sugar, which is the main ingredient that is essential to her business. Her venture already generates a good income, so she wants to maintain her clientele. The incense candies are not edible; they are used as an offering in ceremonial fires. Eva’s dream is to have a workshop so that she can hire people and expand her business. In the future, she would like to provide a better quality of life for her children.
El credito que solicita es para comprar azucar que es una materia prima muy util en su negocio ya que este negocio le genera buenos ingresos y quiere mantener su clientela. Los dulces de sahumerio no son comestibles; sirven para la combustion en fogatas ceremoniales.
El sueño de eva es poder tenere un taller y poder contratar gente y qe se amplie su negocio, y en el futuro darle un mejor nivel de vida a sus hijos.
Previous Loan DetailsEva lives in her own home with her husband and children in the San Martín area of the city of La Paz. Eva's job is making incense candies (used in Bolivian rituals for blessing people's homes and businesses, a millennial tradition in Bolivia which comes from faith in Mother Earth). The candies… More from Eva's previous loan »
About IMPROIMPRO 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 7 months (Additional Information)
- Repayment Schedule
- Jun 13, 2014
- Jul 2, 2014
- Currency Exchange Loss:
- Dec 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.