Lucy sells books; she has a stall in the central area of the city of La Paz. She is a single mother of 2 children who are 16 and 9 years old and who are dependent on her. She has a house located in the Mariscal Sucre neighborhood of the city of El Alto.
She will use this loan to buy merchandise (books) so that she can participate in a book fair that will be taking place over two weeks in the city of El Alto.
This is her first loan with IMPRO, and their evaluation qualified Lucy favorably for the loan that she requested.
Lucy es comerciante de libros, tiene un puesto en la zona centra la de ciudad de La Paz, es madre soltera de dos hijos de 16 y 9 años de edad mismos que depende de ella; tiene su casa propia ubicada en la zona Mariscal Sucre de la ciudad de El Alto.
El crédito lo destinará para la compra de mercadería (libros) para poder participar en una feria de libros que se llevará a cabo dentro de dos semanas en la ciudad de El Alto..
Es el primer crédito con IMPRO, la evaluación realizada califica para la aprobación del prestamos solicitado por Lucy.
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.