Enrique lives in his own home in the San Juan area of the city of La Paz; he works as a waiter in the Camino Real Hotel but his income is very low. In order to supplement his income, he works as a plumber and an electrician on the weekends, working on the electrical connections in people's homes.
He is seeking this loan to buy work tools (an electric drill, a grinder, and plumbing tools) in order to keep his alternate source of income going.
He has been an Impro customer and pays on time which qualifies him to receive a new loan.
El señor Enrique vive en casa propia en la zona San Juan de la ciudad de La Paz; trabaja como garzón el hotel Camino real, pero sus ingresos son mínimos y como el señor es plomero y electricista, trabaja independientemente los fines de semana en domicilios privados, en conexiones eléctricas y otros.
El crédito que solicita es para comprar herramientas de trabajo (necesita un taladro electrico, máquina amoladora y llaves de plomería) y poder de esta manera mantener esta otra fuente de ingresos.
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.