Prudencio is a widower and has four children at school. They live in their own house, which has three rooms with brick walls and an earth floor. The house is located in the Tacagua area of the city of La Paz.
Prudencio currently receives income from the more than 12-hour days he works as a carpenter. He is contracted to do this work, and has requested this loan to buy raw materials such as wood, adhesive, nails, etc. With the little he earns he meets his family’s food, education and medical costs, as he does not have medical insurance.
Prudencio’s dream is to build more rooms and provide his family with greater comfort to improve their quality of life. He also wants to expand his workshop to improve his income. This is the second time that he has worked with IMPRO and Kiva.
Prudencio es viudo y tiene cuatro hijos que están en etapa escolar , viven en casa propia ocupando tres habitaciones con paredes de ladrillo y el piso de tierra, la casa esta ubicada en la zona Tacagua de la ciudad de La Paz.
Actualmente percibe ingresos por los trabajos que realiza como carpintero por más de doce horas al día ya que recibe contratos es por eso que solicita el crédito para comprar materia prima como ser madera, pegamento, clavos etc., y con lo poco que gana debe cubrir los gastos de alimentación, educación y gastos médicos de su familia ya que tampoco cuenta con seguro médico.
El sueño de Prudencio, es construir más habitaciones y dar más comodidad a su familia para mejorar la calidad de vida y también ampliar su taller para mejorar sus ingresos.
Es la segunda 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.