Alejandro is an informatics teacher. He needs the loan to pay for medical attention he needs for his injured knee. He rents a house located in the region of Alto San Pedro in the city of La Paz. Alejandro is separated and he has four children. This is the second time he has had a loan through Kiva.
El señor Alejandro trabaja como profesor de computación. El crédito lo requiere para cubrir los gastos médicos para curar la rodilla que se lastimó. Vive en alquiler la misma esta ubicada en la zona de Alto San Pedro de la ciudad de La Paz. Alejandro es separado y tiene cuatro hijos. Esta es la segunda 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.