Carmelo is a milk producer who markets to the PIL S.A. business. His wife is a small farmer, and they also have a small embroidery of folk clothing that they rent for different events. Both are in their old age, and were thus discriminated against in other institutions and denied the opportunity to be offered a loan. They live in the Villandrani community of the Los Andes Province, two and a half hours from the city of El Alto. The loan will serve to purchase raw materials (colored fabric, thread, lining, etc.) to be able to make a greater quantity of folk clothing. It's their third loan with IMPRO; their disciplined payment will allow them to access another loan.
Carmelo es productor de leche de vaca que comercializa a la empresa PIL S.A.; la esposa es pequeña agricultora y también cuentan con un pequeño taller de bordados de ropa Folklórica que alquilan para diferentes entradas (parades in english); ambos son de la tercera edad y por esa misma condición fue discriminada en otras instituciones y negada para otorgarle un préstamo.
Viven en la comunidad Villandrani de la provincia los Andes a dos horas y media de la ciudad de El Alto.
El crédito lo destinará para la compra de materia prima (telas de colores, hilos, forros, etc.) para poder confeccionar mayor cantidad de ropa folklórica.
Es el tercer crédito con Impro, el buen comportamiento de pago que demostró con nuestra institución le permite acceder a otro préstamo.
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.