Edgar works as a public transportation vehicle driver. He needs the loan to buy spare parts for his vehicle because he needs to replace the piston rings in order to continue with his work which is his source of income for family support. Edgar is married and has two children. He lives in anticrético modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner loses the property to you] in La Paz’s Santa Rosa zone. It’s the first time he’s worked with IMPRO and Kiva.
El señor Edgar trabaja como chofer propietario de un vehiculo de transporte público. El crédito lo requiere para la compra de repuestos para su vehiculo pues necesita cambiar anillas para continuar con su trabajo que es la fuente de ingresos para mantener a su familia. Edgar es casado y tiene dos hijos .Vive en anticretico ubicada en la zona Santa Rosa de la Ciudad de La Paz. Es la primera vez que trabaja junto a IMPRO y 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.