Update on FelisaFelisa’s married and has no children. She lives in her own house occupying a room with brick walls and dirt floor. The house is located in the city of La Paz’s Río Abajo zone. She currently earns income selling milk and working in agriculture. She covers her family’s basic utility payments and food costs because her husband is a merchant and travels constantly and but only sends her a little money at the end of each month.
She needs the loan to buy a dairy cow because she wants to increase milk production and as a result, increase income too. Felisa’s dream is to build her house and increase her herd size. This is her second IMPORT loan request and second with KIVA. She used to work selling food but now prefers doing her new activity.
Actualmente percibe ingresos ya que se dedica a la producción de leche y a la agricultura trabajando por más de diez horas al día ya que es la única que cubre los gastos de alimentación y pago de servicios básicos de su familia ya que su esposo es comerciante, viaja mucho y le envía poco dinero cada fin de mes.
El crédito lo requiere para la compra de una vaca lechera ya que desea incrementar su producción de leche y por ende sus ingresos.
El sueño de Felisa, es construir su casa y aumentar su ganado para tener más ingresos.
Es la segunda vez que solicita crédito junto a IMPRO y la segunda vez con KIVA.
Anteriormente se dedicaba más a la venta de comida, pero ahora prefiere dedicarse a esta nueva actividad.
Previous Loan DetailsFelisa sells food and is also a dairy farmer. Her husband is a heavy transport driver. She will use the money from the loan to cover the cost of purchasing ingredients like noodles, rice, potatoes, meat, etc. for her food vending business. She lives in her own house located in Palomar. Felisa... More from Felisa'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
- 15 months (Additional Information)
- Repayment Schedule
- Aug 29, 2012
- Sep 12, 2012
- Currency Exchange Loss:
- Oct 17, 2013
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.