Iván works as a driver for the Eduardo Avaroa union. He needs the loan to buy construction material as he will build a new room in his house. He lives in his own home located in the Cosmos 79 zone of the city El Alto. He is single and has no children. This is his first loan with IMPRO and Kiva.
El señor Iván trabaja como chofer en el sindicato Eduardo Avaroa. El crédito lo requiere para la compra de material de construcción ya que construirá una nueva habitación en su casa. Vive en casa propia ubicada en la zona de Cosmos 79 de la ciudad de El Alto, es soltero y no tiene hijos. Es primer crédito 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.