Daniel is married and has a son. They live in his parents’ house occupying two bedrooms with quality finishing and hardwood floors; the house is located in the city of La Paz’s San Pedro zone.
Daniel works as a driver for more than 8 hours daily. His wife sells food at home and with the little they earn are able to cover food and basic utility costs for their family. He needs the loan to buy tires and a battery and to repair his car’s gear box since it’s his only source of employment to support his family.
Daniel’s dream is to improve his income to buy a house under the ‘anticrético’ [transaction not 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] modality to provide more comfort for his family. This is the second loan request to IMPRO and first to KIVA.
Daniel es casado y tiene un hijo; viven en la casa de sus padres, ocupando dos habitaciones con un acabado fino con piso de tablón de madera, la casa esta ubicada en la zona de San Pedro de la ciudad de La Paz.
Daniel, trabaja como chofer por más de ocho horas al día, su esposa vende comida en el mismo domicilio y con lo poco que ganan, ambos aportan para cubrir los gastos de alimentación y pago de servicios básicos de su familia.
El crédito lo requiere para comprar llantas, batería y para el arreglo de caja de su movilidad ya que es su única fuente de trabajo para mantener a su familia.
El sueño de Daniel es mejorar sus ingresos y adquirir una casa en anticrético para dar más comodidad a su familia.
Es la segunda vez que solicita crédito junto a IMPRO y la primera vez con 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.