German is a milk producer. He is also a builder and his wife helps with the agricultural activities. This loan is needed to purchase a dairy cow and increase his dairy livestock and milk volume production. This is the primary source of income for taking care of his family. He lives in his own house in the locality of Chahuira Pampa in the department of La Paz. He is married and he has two children. This is first time working with IMPRO and Kiva.
El señor German es productor lechero también es constructor y su esposa lo ayuda con las actividades agrícolas; el crédito lo requiere para la compra de una vaca lechera e incrementar su ganado lechero y su volumen de producción de leche. Es la principal fuente de ingreso que tiene para mantener a su familia. Vive en casa propia ubicada en la localidad de Chahuira Pampa del departamento de La Paz, es casado y tiene dos hijos. Es la primera vez que trabaja con IMPRO y 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.