Maria is the single mother of a 2 year-old child. They live with the child's grandmother in a cousin's house (the rent is paid by the grandmother). This house is located in the Villa Cooperativa neighborhood of the city of El Alto.
Maria only completed high school; she could not continue with her studies because she lacked sufficient resources. She has a business selling drinks made from quinoa and oats on the street in the La Ceja neighborhood of El Alto.
She needs a loan to buy a plot of land located a few blocks from her current dwelling.
Maria's dream is to have a 2-story house. This way, she could provide her family with greater comfort.
This is the first time that Maria has requested a loan from IMPRO and KIVA.
María es madre soltera, tiene un hijo de dos años de edad, ambos viven con la abuela del niño en casa de una prima (el alquiler es pagado por esta señora), la casa se encuentra ubicada en la zona de Villa Cooperativa de la ciudad de El Alto.
Maria solo hizo la secundaria, no pudo continuar sus estudios ya que no tenía los recursos económicos suficientes. Ella se dedica a la venta ambulante de refrescos de quinua y avena en sector de la Ceja de El Alto.
Necesita crédito para adquirir un terreno ubicado a unas cuadras cerca de su actual domicilio.
El sueño de María es tener una casa de dos pisos, asi podrá ofrecer a su familia mayor comodidad.
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.