Julieta has one child, and she lives in a house under the “anticrético” mode [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 loses the property to you]. She occupies one room with fine finishing touches and a wood floor. She also has a kitchen, bathroom, dining room, and living room. The house is located in the Escobar Uria area of the city of La Paz.
Julieta works in an independent way processing paperwork for over eight hours a day. She does this because she is the only one who covers the expenses for water, electricity, rent, and food for her family.
She needs the loan to buy a photocopier, which is much needed in the work she does. This way she will save this expense, which is an important cost in her business.
Julieta’s dream is to improve her income in order to improve her quality of life. This is the first time with IMPRO and the first with Kiva.
La señora Julieta tiene un hijo, vive en anticrético ocupando una habitación con un acabado fino y piso de machimbre, también cuenta con una cocina, baño, comedor y sala, la casa esta ubicada en la zona de Escobar Uria de la ciudad de La Paz.
Julieta trabaja de forma independiente realizando trámites por más de ocho horas al día, ya que es la única que cubre los gastos de agua, luz, alquiler y alimentación de su familia.
El crédito lo requiere para la compra de una fotocopiadora ya que es muy necesario en el trabajo que ella realiza. De esta forma ahorrará en este gasto que es un costo muy importante en su negocio.
El sueño de Julieta es mejorar sus ingresos económicos para mejorar su calidad de vida.
Es la primera vez con IMPRO y la primera 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.