Juan is married and has a son who is in grade school, and they live in a their own two bedroom home. The house is located in the Bella Vista district of the city of La Paz. Currently Juan works more than 10 hours a day as a driver, as he must cover the costs of food, school, and basic services for his family. His wife earns very little as a maid in private residences.
The loan is needed to cover the costs of maintenance for Juan's vehicle, as it is the primary source of income for his family. Juan's dream is to build additional rooms for his house in order to provide for the comfort and security of his family. This is Juan's first loan working with IMPRO, as well as his first time with Kiva.
Juan, es casado y tiene un hijo que está en etapa escolar, vive en casa propia ocupando dos habitaciones, la casa está ubicada en la zona Bella vista de la ciudad de La Paz.
Actualmente Juan trabaja por más de diez horas como chofer ya que debe cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia, porque su esposa gana muy poco como empleada de limpieza en casas particulares.
El crédito lo requiere para el mantenimiento de su vehículo, ya que es su fuente de ingresos para mantener a su familia.
El sueño de Juan es construir más habitaciones para dar comodidad y seguridad a su familia.
Es la primera vez que solicita crédito junto a IMPRO y la primera vez 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.