Edgar lives is Pagador street, in the zone of Villa Ingenio in the town of El Alto. He has a bakery in his own house where he makes bread daily and sells it in the suburb where he lives.
His wife has a grocery shop in the same house. The income received from both business maintains their family, which consists of three children aged 8, 6 and 3 respectively.
This is the second loan with Impro. The completed evaluation has allowed them to authorise the loan.
Translated from the Spanish by Katy Long, Kiva Volunteer
Edgar vive en la calle Pagador, de la zona de Villa Ingenio de la Ciudad de El Alto. Tiene una Panadería en el mismo domicilio en donde elabora pan de batalla y lo vende en el barrio donde habita.
Su esposa posee una tienda de abarrotes en el mismo domicilio. Los ingresos percibidos de ambas actividades mantienen a su familia que consta de tres hijos de 8, 6,3 años respectivamente.
El crédito que Edgar solicita servirá para la compra la compra de mercadería para la tienda de abarrotes.
Es el segundo crédito con Impro. La evaluación realizada la califica para otorgarle el crédito.
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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