Carlos provides DJ services with his amplification equipment at social events and receptions. He needs a loan to buy a more powerful amplifier. In this way he can increase his working capital and offer better service to his customers. He lives in a rented home located in the Miraflores neighborhood of the city of La Paz. He is separated and has 5 children. This is the first time he has taken a loan from IMPRO.
El señor Carlos tiene un sistema de amplificación con el que ofrece servicios de D.J. en recepciones sociales. El crédito lo requiere para comprar un equipo de mayor poder amplificador, así podrá aumentar su capital de trabajo y ofrecer mejor servicio a sus clientes. Vive en alquiler en una casa ubicada en la zona de Miraflores de la ciudad de La Paz; es separado y tiene cinco hijos. Es la primera vez que obtiene un crédito con IMPRO.
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.