Gerardo is separated and has two children: a daughter who is in school and an older son who is in college. They live together in a rental house in Rosas Pampa neighborhood, in the city of El Alto. Gerardo studied up to high school level and now works independently with his vehicle in the city of El Alto, transporting passengers.
Gerardo needs this loan to have his taxi serviced and to buy new tires for it as it is his main work tool.
Gerardo's dream is to own his own home. This is his first loan from IMPRO and also his first loan from Kiva.
Gerardo es separado y tiene dos hijos una niña en etapa escolar y su hijo mayor que está en la universidad; viven en casa en alquiler, la casa se encuentra ubicada en la zona Rosas Pampa de la ciudad de El Alto.
Gerardo estudió hasta el nivel secundario y ahora trabaja de forma independiente con su movilidad en la urbe alteña, en transporte de pasajeros.
El crédito lo requiere para el mantenimiento de su movilidad y la compra de llantas nuevas, ya que es su principal herramienta de trabajo.
El sueño de Gerardo es tener una casa propia.
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.