Jose Miguel lives in “anticrédito” (a special type of rental arrangement in Bolivia) with his mother in the Miraflores area of the city of La Paz. He works as a radio announcer for a radio station with a big audience.
The loan he is requesting is to pay the registration fee and boarding house fees to continue his communication career studies. That way he will be able to access a better job.
He is a client of Impro, and he pays very well. Therefore, he can have access to a new loan.
El señor Jose Miguel vive en anticrético con su mama en la zona de Miraflores de la ciudad de La Paz; trabaja como locutor en una radio de mucha audiencia.
El crédito que solicita es para el pago del costo de matricula y pensiones para continuar sus estudios en la carrera de comunicación y poder acceder a un mejor trabajo.
Es cliente de Impro y paga muy bien por lo tanto puede acceder a un nuevo 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.