Alfredo is requesting 700 US dollars. His business is buying raw leather and then tanning it and selling it. He lives with his sister and mother in the Villa Tunari area in the city of El Alto.
With the loan he will buy the raw materials wholesale. This is his second loan with IMPRO, and his first with Kiva.
Alfredo solicito 700 $us, se dedica a la compra de cuero en bruto y su posterior curtido y comercialización, vive junto a su hermana y su madre, en la zona villa Tunari de la ciudad de El Alto.
Con el crédito comprara materia prima al por mayor. Este es el segundo crédito en impro y el primero vía Kiva.
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.