Mr. Daniel is a driver. He is in need of a loan to repair his automobile since he had a traffic accident. The vehicle requires new brakes and repairs to the steering column and one of the doors. His transport service is his main source of income and covers household expenses.
He lives in rental property in the San Pedro area, is married and has a son. This is his first loan through IMPRO and KIVA.
El señor Daniel es chofer. El crédito lo requiere para la reparación de su vehiculo ya que tuvo un accidente de transito y necesita nuevos frenos y arreglar la dirección y trabajo en una puerta; el vehiculo es la fuente de ingresos que tiene para mantener los gastos de su familia. Vive en alquiler ubicado en la zona de San Pedro; es casado y tiene un hijo. 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.