Maria sells clothing for a living, and will use this loan to buy children's clothing. For example, she has no athletic clothing and would like to add that type of clothing to her stock. She uses the income from her business to cover her family's expenses. She is separated from her husband and has two children. She lives in her own home in the Alto Pampahasi neighborhood of La Paz. This is the first time she's applied for a loan from our institution.
La señora Maria es comerciante, ella vende ropa; el crédito lo requiere para comprar ropa de niños como ser deportivos, ya que le hace falta este tipo de prendas de vestir en su stock de mercadería. Es la fuente de ingresos que tiene para cubrir los gastos de su familia. La señora es separada y tiene dos hijos vive en casa propia la cual queda ubicada en la zona de Alto Pampahasi de la ciudad de La Paz, es la primera vez que solicita un crédito en nuestra institución.
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.