In the evenings she works as a cashier and during the day she sells cosmetics on comission.
She will use the microloan to purchase construction materials to create a separate room for herself in the terrace of her parent´s home.
This is her second loan with Impro and the credit evaluation qualifies her to receive the microloan.
Translated from Spanish by Henry Corral, Kiva volunteer.
About IMPROIMPRO 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.
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