José Luís is married and has three school age children. He lives in his parents’ house, occupying four small rooms with brick walls. The house is located in the Achachicala area of the city of La Paz.
He currently gets income because he works over twelve hours a day, into the late hours of the night, as a driver. With the little that he earns he needs to cover his family’s expenses for food, education, and basic services.
That is why he is requesting the loan to fix his vehicle. The vehicle needs routine maintenance and the starter needs to be checked. This is his only source of work that he has to support his family.
José Luís’s dream is to have his own house in order to make his family more comfortable. Also, he wants his own house in order to have a place to keep his vehicle at night. He now leaves it at the door to his house.
This is the first time he has worked with IMPRO and Kiva.
José Luís, esta casado y tiene tres hijos que están en etapa escolar, vive en casa de sus padres ocupando cuatro habitaciones pequeñas con paredes de ladrillo, la casa esta ubicada en la zona Achachicala de la ciudad de La Paz.
Actualmente percibe ingresos ya que trabaja por más de doce horas como chofer y hasta altas horas de la noche y con lo poco que gana debe cubrir los gastos de alimentación, educación y servicios básicos de su familia. Es por eso que solicita el crédito para arreglar su vehículo, el cual necesita su mantenimiento de rutina y chequeo del arrancador, ya que es la única fuente de trabajo que tiene para mantener a su familia.
El sueño de José Luís es tener su casa propia para dar más comodidad a su familia y también tener un lugar donde guardar su vehiculo por las noches ya que lo deja en la puerta de su casa.
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.