Herminio has a small shop that services brakes and changes brake linings. In the evenings he works as a driver. It is the main source of income to support his three children and his wife. He has his own house, which is located in the Ventilla zone in the city of El Alto.
The loan is to buy machinery (brake calibrators) and replacement parts for his shop. This will facilitate his work, and he will give his customers better service.
This is his first loan with Impro. The completed evaluation qualifies him for the loan.
Herminio tiene un pequeño taller de servicio de frenos y cambio de balatas de movilidades y por las noches trabaja como transportista, es su principal fuente de ingreso con la que cubre la manutención de tres hijos y esposa; tiene su casa propia ubicada en la Zona Ventilla de la Ciudad de El Alto.
El crédito lo destinará para la compra de maquinaria (calibradores de frenos) y repuestos para el taller y de esa forma podrá facilitar su trabajo y ofrecer mejor servicio a sus clientes.
Es el primer crédito con Impro, la evaluación realizada lo califica para otorgarle el crédito.
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.