The loan he is requesting will be for maintenance and to purchases tires for his minivan, which is his means of support.
This is the fifth time he has asked for a loan and a socioeconomic analysis rates him favorably for credit.
Translated from Spanish by Molly Puglisi, Kiva volunteer.
El señor Andrés Y. vive en casa propia, en la zona Bajo Tacagua de la Ciudad de La Paz. El señor Andrés trabaja como chofer y es propietario de un micro en el transporte público de la ciudad.
El crédito solicitado será destinado al mantenimiento y a la compra de llantas para su micro, que es su herramienta de trabajo.
Esta es la quinta ocasión que solicita un préstamo y el análisis socioeconómico realizado lo califica favorablemente y puede acceder a un crédito.
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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