The requested loan will be used to increase the amount of merchandise in his wife's snack bar, which will ultimately bring in greater income for the family. This is his fifth loan with IMPRO. A completed credit evaluation qualifies Félix for this loan.
Translated from Spanish by Geraldine Kim, Kiva Translator.
Félix tiene su movilidad propia que trabaja de radio taxi - transporte publico inter ciudad La Paz - El Alto. Su esposa tiene una snack de refrigerios (té, café, sándwich) con cuyos ingresos alcanzan a cubrir los gastos de mantenimiento propios como los de su hijo; vive en la Zona Los Andes de la Ciudad de El Alto.
El crédito solicitado será utilizado para incrementar la mercadería en su snack e incrementar sus ingresos familiares.
Es el quinto crédito con IMPRO y la evaluación realizada permite aprobar el préstamo solicitada por Felix.
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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