Marisol works at a real estate firm selling burial plots. She needs the loan to pay for treatment for a daughter who is ill. Marisol is divorced and has four children. She lives in the “anticrético” modality [a 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] with her mother in the city of La Paz’s Sopocachi zone. This is the third time she’s worked with Impro and the second with Kiva.
La señora Marisol trabaja en una institución de bienes raíces donde se dedica a vender sepulturas. El crédito que solicita es para pagar el tratamiento de su hija la cual se encuentra enferma; Marisol es divorciada y tiene cuatro hijos. Vive en anticretico con su madre en la zona de Sopocachi en la ciudad de La Paz. Es la tercera vez que trabaja junto a Impro y la segunda vez que trabaja con 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.