Gregorio is a dairy farmer. His loan will be used to buy a milking cow of medium quality so that he can increase milk production and hence, his income. He lives in his own home in the town of Pucarani in the La Paz region. He is married and has one son.
El señor Gregorio es productor lechero. El crédito lo requiere para la compra de una vaca lechera de mediana calidad, para aumentar su producción de leche y por ende sus ingresos. Vive en casa propia ubicada en la localidad de Pucarani del departamento de La Paz; es casado y tiene un hijo.
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.