Margarita is a fruit retailer. She needs the loan to increase capital and be able to buy more seasonal fruit like bananas, mangoes, pineapples and papayas. Margarita is married and has five children. She lives in her own house located in the city of El Alto’s Huayana Potosí zone. Margarita has repaid previous loans excellently and qualifies for a new loan. This is the second time her request has been sent to Kiva.
La señora Margarita, se dedica a la venta de frutas al por menor. El crédito lo requiere para aumento de capital y poder comprar más frutas de la estación, como plátano, mango, piña, papaya. Margarita es casada y tiene cinco hijos. Vive en casa propia la misma queda ubicada en la zona de Huayna Potosí de la Ciudad de El Alto. Margarita ya ha cancelado dos préstamos anteriores en forma excelente y califica para un nuevo crédito. Esta es la segunda vez que su solicitud se envía a 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.