Cecilia has a grocery store. She needs the loan to buy products like rice and noodles wholesale in order to cut down expenses and generate extra income. Her store is the source of income that she has to cover her expenses.
She lives in her parents’ house, which is located in the Alto Irpavi zone in the city of La Paz. She is married and has three children.
The client is very happy with the loans that she has previously received from IMPRO. She was able to increase capital and improve her income this way. This will be the first time that her loan goes through Kiva.
La señora Cecilia, tiene una tienda de abarrotes. El crédito lo requiere para la comprar al por mayor productos como ser arroz, fideo, para aminorar los costos y generar ingresos extras. Su tienda es la fuente de ingresos que tiene para cubrir sus gastos. Vive en la casa de sus padres la misma queda ubicada en la zona Alto Irpavi de la ciudad de La Paz, es casada y tiene tres hijos. La cliente se encuentra muy satisfecha con los créditos que obtuvo anteriormente de IMPRO ya que pudo aumentar capital y así mejorar sus ingresos. Esta vez será la primera vez que su crédito va 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.