Felicidad lives in her own home in the Las Lomas neighborhood of the city of La Paz. She is married and has 4 children who are all married. Her husband works as a public transportation driver with his minibus, and in the back of her house, Felicidad has a home-based restaurant where she sells meals every day. They have been clients of IMPRO for more than 3 years, and they have taken out about 10 loans over this time. They have also had 3 loans funded by Kiva.
The loan that she requests now is to buy potatoes, noodles and rice at wholesale to reduce her costs, and also to buy meat, cooking oil and vegetables.
Felicidad is pleased with her relationship with IMPRO and with Kiva, since it reduces the cost of her credit, and with her good character and reputation she can qualify to access a new loan.
La señora Felicidad vive en la zona las lomas de la ciudad de La Paz, en casa propia; esta casada y tiene 4 hijos todos casados, el esposo trabaja como chofer de transporte libre con su minibús, ella tiene en la parte inferior de su casa una pensión donde ella vende almuerzos todos los días; es clientes de Impro desde hace más de tres años y son casi 10 créditos los que se le han concedido durante este tiempo; también fue cliente de kiva en tres oportunidades.
El crédito que solicita ahora es para comprar papa, fideo, arroz al por mayor para abaratar los costos, y también para comprar carne, aceite y verduras.
Ella esta satisfecha con su relación con Impro y con Kiva, pues abarata mucho el crédito, y por el carácter social del mismo puede acceder a un crédito nuevo.
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.