José’s single and has a son. He lives in his house occupying one room with brick walls and a dirt floor. He currently works as an employee in a private firm more than 8 hours daily because he must cover his food and basic utilities costs; he must also give a monthly stipend for his son who does not live with him.
Because of this he’s asking for a loan because what he earns is insufficient to pay for his studies and he wants to study accounting in order to improve his income. José’s dream is to finish his studies and to improve his income in order to pay for his son’s schooling and support. This is the third time he’s worked with IMPRO and first with KIVA.
José es soltero y tiene un hijo, vive en casa propia ocupando una habitación con paredes de ladrillo y el piso de tierra.
Actualmente trabaja de empleado en una empresa privada por más de ocho horas al día ya que debe cubrir los gastos de alimentación y pago de servicios básicos también debe darle una mensualidad a su hijo por que no vive con el, es por eso que solícita el crédito ya que con lo que gana no le alcanza para el pago de sus estudios y desea estudiar contabilidad para mejorar sus ingresos.
El sueño de José, es terminar sus estudios y mejorar sus ingresos para poder solventar los estudios de su hijo y su manutención.
Es la tercera vez que trabaja junto a IMPRO y la primera vez junto a 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.