Oscar is a driver affiliated to a transportation syndicate. Besides, he has a grocery store for his wife. He needs the loan to increase capital purchasing groceries (rice, noodles, sugar, etc.) and candy because the store is his wife’s source of income that helps support the family. He’s married and has no children and lives in his own house located in the city of La Paz’s Pasankeri zone. This is the second time he’s requested a loan through Kiva.
El señor Oscar es Chofer; está afiliado en un sindicado de transportes. Además, tiene una tienda de abarrotes para su esposa. El crédito lo necesita para el aumento de capital compra de abarrotes (arroz, fideo, azúcar, etc.) y dulces, pues la tienda es la fuente de ingresos que tiene su esposa para ayudar a mantener a su familia. Es casado, no tiene hijos y vive en casa propia ubicada en la zona de las Pasankeri de la ciudad de La Paz. 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.