Raul is single and lives with his brother and mother in a rented home in the Central area of the city of La Paz. Raul needs a loan to buy sound equipment as besides his regular job as an employee of a company, he has his own business renting musical instruments which helps his family with the monthly expenses.
Raul’s dream is to buy a home of their own for his family and be able to improve their quality of life.
This is the first time he has applied for a loan from Impro and Kiva.
Raul es soltero y vive en alquiler con su hermano y su mamá en la zona Central de la ciudad de La Paz. Raul requiere el crédito para la compra de un equipo de sonido ya que además de su trabajo regular como empleado de una empresa, atiende un negocio propio de alquiler de instrumentos musicales que le ayuda a su familia con los gastos mensuales.
El sueño de Raul es conseguir una casa propia para su familia y poder mejorar su calidad de vida.
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.