Fidel Alarcón lives in a house that he owns on Moxos Street in the Tembladerani neighborhood of La Paz. He lives with his young daughter. Fidel is an older man, past retirement age, but he still works as a tailor, making men's suits. The income from his work is his only source of income and it covers his basic living expenses. Fidel has been an Impro client for 5 years. He has received two Kiva loans before and is satisfied with the terms of the loans.
Fidel has good work and borrowing histories, factors that qualify him for a new loan.
Fidel Alarcón vive en casa propia en la calle moxos de la zona de tembladerani de la ciudad de La Paz, vive con su hija menor, es una persona de la tercera edad y la actividad que realiza es la confección de trajes de varón, con esta actividad el se solventa sus gastos de alimentación y otros ya que es su única fuente de ingresos, ya fue cliente de Kiva en dos oportunidades es cliente de Impro desde hace 5 años y esta satisfecho con las condiciones que se otorga el crédito.
Por tener un buen historial y por la actividad califica para obtener 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.