Julio and his wife are dairy farmers. They live in their own home and have five children, one of whom works in the city of La Paz. Four of his children currently live with him, since they are still in school. They live in the Merke Achacachi community in the Achacachi municipality, which is two and a half hours from the city of La Paz.
He has a few heads of cattle that provide him with milk, which he sells to earn money. He needs the loan to purchase a dairy cow and increase milk production and increase profits for his family.
Julio's dream is to increase the number of cattle that he owns, increasing milk production in his community. This is the second loan that he has requested through IMPRO and his first time working with KIVA.
Julio y su esposa son productores de leche; vive en casa propia tienen cinco hijos, de los cuales uno de ellos trabaja en la ciudad de La Paz, actualmente vive con sus cuatro hijos los cuales están en edad escolar, en la comunidad Merke Achacachi del municipio de Achacachi, a dos horas y media de viaje de la ciudad de La Paz, cuenta con pocas cabezas de ganado las cuales le proporcionan leche, producto que vende para obtener ingresos.
El crédito lo requiere para compra de una vaca lechera y así incrementar su producción de leche y sus ingresos para su familia.
El sueño de julio es incrementar sus cabezas de ganado, aumentando la producción de leche en su comunidad.
Es la segunda 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.