He needs the loan to buy a medium quality milk cow, in order to augment milk production and increase the family's income. This is his first credit with IMPRO. An evaluation qualifies Jose for approval of the loan.
El crédito lo destinara para la compra de una vaca lechera de mediana calidad para poder aumentar la producción de leche e incrementar sus ingresos familiares.
Es el primer crédito con IMPRO, la evaluación realizada califica para la aprobación del préstamo solicitado por Jose.
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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