Ramiro is a shareholding member of the Eduardo Avaroa transportation syndicate, and is also a wood carver. He needs this loan to change the motor and gearbox for his vehicle in order to continue working transporting passengers. This business is his source of income for his family. His wish for the future is to acquire his own home, and he is saving a bit of money every month toward this goal.
His wife works as a teacher and they have four children. The family lives in the Satlelite zone of the city of El Alto, and pay rent every month. This is his first loan with Impro and Kiva.
Ramiro es socio propietario en el sindicato de transportistas Eduardo Avaroa, también es cubicador de madera. El crédito lo necesita para el cambio de motor y caja de su vehiculo para seguir trabajando en el transporte de pasajeros. Este negocio es la fuente de ingreso que tiene el para su familia. Su anhelo a futuro es adquirir una casa propia, para lo cual están ahorrando un poco de dinero cada mes.
Su esposa trabaja como profesora y tienen cuatro hijos. La familia vive en la zona ciudad Satélite de la ciudad de El Alto, y pagan un alquiler mensual. Es primer crédito con Impro y con 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.