Simón is married and has a son; he lives in a one-bedroom, rented house with adobe walls and dirt floor; the walls are semi-plastered with stucco and are wire-mesh reinforced. The house is located in the city of La Paz’s Pasankeri zone.
Simón studied up to high-school and currently works as a driver providing syndicated public transportation services for more than 8 hours daily; he has three years’ experience. His wife had a baby five months ago and isn’t working for now. Simón therefore covers all food, clothing and medical expenses for his family since they have no medical insurance.
He needs the loan to service his vehicle which is his only source of income. Service and labor costs are quite high which is why he needs this service. Simón’s dream is to live in a house in the ‘anticrético’ [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] modality to improve his quality of life and provide more comfort for his family. This is his first loan request to IMPRO and KIVA.
Simón, es casado y tiene un hijo vive en una casa alquilada ocupando solo una habitación con paredes de adobe, el piso de tierra y las paredes semi planchadas con estuco y tumbado de contención, la casa esta ubicada en la zona Pasankeri de la ciudad de La Paz.
Simón estudió solo hasta el bachillerato y actualmente trabaja como chofer en el área del transporte publico sindicalizado por más de ocho horas al día y con una antigüedad de 3 años, su esposa dio a luz un bebé hace 5 meses y no trabaja por el momento; de esta forma Simón cubre los gastos de alimentación, vestimenta y gastos médicos de su familia ya que no cuentan con seguro medico.
El crédito lo requiere para el mantenimiento general de su movilidad ya que es su única fuente de ingresos; los gastos de mantenimiento y mano de obra son muy elevados es por eso que requieren este servicio.
El sueño de Simón, es vivir en casa anticrético para mejorar su calidad de vida y dar más comodidad a su familia.
Es la primera vez que el cliente solicita crédito con 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.