Israel is employed, and he has a high school diploma. He lives in his parents’ house, occupying two rooms with fine finishing touches and wooden floors. He lives in the Villa Fátima area of the city of La Paz.
Israel works as a waiter in a restaurant for eight hours a day. He does this to cover expenses for water, electricity, and his education.
He needs the loan to buy a laptop for his studies. This way he will improve his level of education.
Israel’s dream is to complete his university studies.
It is his first time with IMPRO and the first with Kiva.
El señor Israel es empleado; su nivel de educación es secundaria (high school diploma), vive en la casa de sus padres ocupando 2 habitaciones en un acabado fino y piso de machimbre en la zona de Villa Fátima de la ciudad de la Paz.
Israel trabaja como garzón en un restaurante por 8 horas al día, para cubrir los gastos de agua, luz y su educación.
El crédito lo requiere para el aumento en la compra de una laptop para sus estudios y así mejorar su nivel de educación.
El sueño de Israel es culminar sus estudios universitarios.
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.