Eusebio is a Doctor working at a private medical center; his wife’s employed. He needs the loan to buy medical equipment (stethoscopes, otoscopes, scales) because he wants to open his own private medical office to improve his income and provide a better life for his children. He lives in a rented house located in the city of La Paz’s Miraflores zone. He’s married and has six children. This is the first time the client has obtained an IMPRO loan through Kiva.
El señor Eusebio es médico y trabaja en un centro medico particular y su esposa es empleada. El crédito lo requiere para la compra de instrumentos médicos (estetoscopios, aparato para chequear oídos, pesa), ya que quiere abrir un consultorio particular para mejorar sus ingresos y ofrecer una mejor vida a sus hijos. Vive en alquiler en una casa la misma queda ubicada en la zona de Miraflores de la ciudad de La Paz, es casado y tiene seis hijos. Es la primera vez que el cliente obtiene un crédito en IMPRO 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.