Carmen is a farmer and also works raising dairy cows and selling the milk to the Pil Andina factory. She has a son who is a veterinarian and her partner in the loan. He is the only person who helps her out since her other children live far away and she was widowed some time ago. She is asking for her first loan through Kiva to buy dairy cows. She lives in the city of La Paz.
Carmen es agricultora y también se dedica a la cría de ganado vacuno, su producción de leche es vendida a la planta PIL ANDINA. Tiene un hijo que es veterinario y su codeudor, además es el único que la asiste ya que sus otros hijos viven lejos, además ella enviudó hace tiempo. Solicita su primer crédito en KIVA para la compra de ganado vacuno. Ella vive en el departamento de La Paz.
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.