Henry is employed by a firm in the distribution department. He needs the loan to buy building materials and supplies to redo a room. He lives in relatives’ house located in La Paz’s Las Lomas neighborhood. He’s married and has a son. He is very satisfied with his previously granted loans.
El señor Henry es empleado en una empresa en el sector de distribución. El crédito lo requiere para la compra de material de construcción para la refacción de una habitación. Vive en casa de parientes ubicada en la zona de Las Lomas de la ciudad de La Paz es casado y tiene un hijo. El cliente se encuentra muy satisfecho con los créditos que se le otorgaron anteriormente.
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.