Angel is employed as an Insurance Adviser. He is one of the few clients who has a higher education. He has his own house and lives in the city of La Paz. Nevertheless, his salary is not high and his work is quite demanding. Also, he needs the loan to take a course specializing in insurance, since his costs of living do not allow him to pay for his education on his own.
Angel esta empleado como Asesor de Seguros, es uno de los pocos clientes que cuentan con un nivel de educación superior, tiene casa propia y vive en la ciudad de La Paz. No obstante, su sueldo no es alto y su trabajo es bastante demandante, además, necesita crédito para tomar un curso de especialización en materia de seguros, puesto que sus gastos de manutención no le dejan invertir por su cuenta en su educación
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.