John’s divorced and has three school age children. They live in his parents’ house occupying one room. The house is located in the city of La Paz’s Buenos Aires zone.
He studied up to secondary school and currently works more than 12 hours daily well into the night as a driver since he’s the only one covering food, school and basic utility costs for his family. He needs the loan to replace the engine in his vehicle because it’s very important since this is his only source of family income.
John’s dream is to improve his income and to buy a house using the ‘anticrético’ modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you] because he wants to provide more comfort for his family since they are four; they will also improve their quality of life this way.
This is the second time he’s asked for an IMPRO and KIVA loan.
John es divorciado y tiene tres hijos que están en etapa escolar, viven en la casa de sus padres ocupando una habitación, la casa esta ubicada en la zona Buenos Aires de la ciudad de La Paz.
El estudió hasta la secundaria y actualmente trabaja como chofer por más de doce horas al día y hasta altas horas de la noche ya que es el único que cubre los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para el cambio de motor de su vehiculo ya que es muy importante por que es su única fuente de ingresos para mantener a su familia.
El sueño de John, es mejorar sus ingresos y adquirir una casa en anticrético ya que desea dar más comodidad a su familia ya que son cuatro integrantes de esa forma también mejorar su calidad de vida.
Es la segunda vez que solicita crédito 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.