Miriam has a stand where she sells sugared peanuts. This is her source of income with which she supports her family. She requires this loan to buy a larger quantity of peanuts and sugar so that she can save on costs and try to improve her profits. Miriam is married, has two children, and lives in a rental house in Las Pasankeri neighborhood, in the city of La Paz. Miriam is a long-standing client of IMPRO and this is the third time that she has requested a loan through Kiva.
La señora Miriam tiene un puesto de venta de maní azucarada que es la fuente de ingresos que tiene para mantener a su familia. El crédito lo requiere para comprar en mayor cantidad maní y azúcar, para ahorrar en costos y tratar de mejorar sus ingresos. Es casada, tiene dos hijos y vive en alquiler en la zona de las Pasankeri de la ciudad de La Paz. Miriam es cliente antigua de IMPRO y esta es la tercera vez que solicita un crédito a través 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.