Nancy and her husband live off a retirement pension. She seeks credit to cover the tuition payment for her youngest son to attend college. She lives in the Tembladerani neighborhood of La Paz, and her other two sons are married and live independently. She has been a member of IMPRO since 2008 and has always met her payment obligations.
La señora Nancy y su esposo tienen una renta de jubilación. El crédito lo requiere para la cancelación de matriculas universitarias de su hijo menor. Vive en anticretico ubicada en la zona de Tembladerani de la ciudad de La Paz, ella es casada y tiene tres hijos pero sus dos hijos mayores ya son casados. Es clienta antigua de IMPRO desde el año 2008 y con buen historial de pagos.
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.