Sergio is single, and he does not have children. He lives in his parents’ house, occupying one small room. The house is in the Bario Grafico area of the city of La Paz.
He currently gets income from selling “salteñas” [traditional meat-filled pastries], “tucumanas” [turnovers], and soft drinks at a private university. He does this because he needs to cover the expenses for education, food and basic services.
With the little that he earns for working over eight hours, he does not have enough to increase his capital and to buy supplies to make the salteñas and tucumanas. That is why he is requesting a loan. He will use the loan to buy supplies like potatoes, chicken, beef, and eggs, etc. He will then have better income in order to complete his studies. He is currently studying to be a certified accounting technician.
Sergio’s dream is to improve his income and to be able to become independent. He wants this in order to improve his quality of life.
This is the second time he has worked with IMPRO and Kiva.
Sergio, es soltero y no tiene hijos, vive en la casa de sus padres ocupando una habitación pequeña, la misma esta ubicada en la zona Barrio Grafico de la ciudad de La Paz.
Actualmente percibe ingresos ya que se dedica a la venta de salteñas, tucumanas (in english are called turnovers) y refrescos dentro de una universidad privada ya que debe solventar los gastos de estudios, alimentación y pago de servicios básicos, pues con lo poco que gana trabajando por más de ocho horas no le alcanza para aumentar su capital y comprar sus insumos para la elaboración de salteñas y tucumanas, es por eso que solicita el crédito para aumentar su capital y poder comprar los insumos como ser papas, carne de pollo y de res, huevos, etc., y tener mejores ingresos para terminar sus estudios ya que actualmente estudia técnico medio en el área de contabilidad.
El sueño de Sergio es mejorar sus ingresos y poder independizarse para mejorar su calidad de vida.
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.