Fausto is a driver. He requires a loan to buy a brake system and new tires for his vehicle as it is through his passenger transport business that he covers his expenses. Fausto lives in his mother's home which is located in the Las Delicias neighborhood, in the city of La Paz. He is married and has two children. This is the first time that he has worked with IMPRO and Kiva.
El señor Fausto es chofer, el crédito lo requiere para la compra de un sistema de frenos y el cambio de llantas, pues esta actividad de transporte de pasajeros que realiza cubre los gastos que tiene. Vive en casa de su madre ubicada en la zona Las Delicias de la ciudad 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.