Natalia is a merchant who sells chili and condiments. She lives in a rented home with a cement finish and concrete floor in the Alto Tejar region of La Paz. She works over eight hours a day as it is her only livelihood. Natalia is requesting the loan to expand her merchandise. She will purchase whole chilies, ground chili, “tunta” [potatoes that are dehydrated and dried in the sun until they turn gray and acquire an unusual flavor], and other products. Her dream is to own her own home. This is the first loan she is requesting from Impro and Kiva.
Natalia es comerciante de ají y condimentos; vive en alquiler en un acabado de cemento y piso de cemento, en la zona de Alto Tejar de la ciudad de La Paz. Trabaja más de ocho horas al día ya que es el único sustento que tiene.
Natalia requiere el crédito para el aumento de su mercadería, comprara ají entero, ají molido, tunta (es papa deshidratada y secada al sol hasta que toma un color plomo y adquiere un sabor diferente a la papa normal) y otros.
El sueño de Natalia es tener casa propia.
Esta es la primera vez que solicita un crédito de IMPRO y de 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.