Miguel along with his entire family are entertainers since they have an orchestra and provide service at all sorts of festivities. He needs the loan to buy an electronic drum set for his orchestra which will be of much help to complete the orchestra and this will improve his income.
Miguel is married and has three children he lives with in his own house in the city of La Paz’s El Tejar zone. This is the third time he’s worked with IMPRO and second with KIVA.
Miguel, junto a toda su familia se dedica al espectáculo ya que tienen su orquesta y prestan sus servicios para todo tipo de festejos.
El crédito lo requiere para la compra de una batería electrónica para su orquesta ya que les ayudara mucho para completar la orquesta y esto mejorará sus ingresos económicos.
Miguel, es casado y tiene tres hijos con los cuales vive en casa propia en la zona El Tejar de la ciudad de La Paz.
Es la tercera vez que trabaja junto a IMPRO y la segunda vez 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.