Margarita is a fruit retailer, and she owns a stall in La Ceja, a neighborhood the town of El Alto. The loan she is requesting will be used to buy seasonal fruit such as avocados, passion fruits, grapefruits and so on, in order to sell it to her customers. Through this activity she helps paying for her household expenses. She owns the house she lives in, located in Huayna Potosí, a neighborhood of the town of El Alto; she is married and she has five children. This is the second time she is asking IMPRO for a loan, and the first time she is doing so through Kiva’s lenders.
La señora Margarita es comerciante de frutas y tiene un puesto de venta en la zona de la Ceja de el Alto; el crédito lo requiere para la compra de fruta de esta temporada como ser: Paltas, Maracuya, Pomelo, etc., para ofrecer a sus clientes. De esta manera ayuda con los gastos de su familia. Vive en casa propia la misma queda ubicada en la zona de Huayna Potosí (El Alto), es casada y tiene cinco hijos. Esta es la segunda vez que solicita un préstamo de IMPRO y la primera vez que aplica para un préstamo a través de los financiadores de 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.