The loan will be used towards the purchase of a medium-grade dairy cow which will help increase milk production.
This is their first loan with IMPRO. Their background check shows that they are prime candidates for a loan!
Translated from Spanish by Carolina Zelaya-Kronlund, Kiva Volunteer.
Mario, trabaja en el magisterio rural (es maestro rural), la esposa y sus dos hijos son productores de leche de vaca que comercializan a Pil Andina (Planta Industrializadora de Leche). Viven en la Comunidad de Achacachi - Tipampa (A dos horas de la ciudad de El Alto).
El crédito le servirá para la compra de una vaca de raza mediana para incrementar la producción de leche.
Es el primer crédito con Impro y la evaluación realizada le califica para otorgarle el préstamo.
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.
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