Elsa has a small printing shop. She needs the loan to buy work tools like a folding machine and a collator. This is the source of income she has to cover her expenses. She lives in her own house located in the city of La Paz’s Villa El Carmen zone; she’s a widow and has a son. This is Elsa’s first IMPRO and Kiva loan.
La señora Elsa tiene un pequeño taller de imprenta. El crédito lo requiere para la compra herramientas de trabajo como ser: una maquina dobladora y caladora. Es la fuente de ingresos que tiene para cubrir sus gastos. Vive en casa propia la misma queda ubicada en la zona de Villa El Carmen de la ciudad de La Paz, es viuda y tiene un hijo. Es la primera vez que Elsa obtiene un crédito en IMPRO y también en 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.