Tiburcio is a milk producer. He sells the milk to one of the milk harvesting companies. He lives in his own house with his wife and their four school-age children. They live in the Merke Achacachi community in the Achacachi municipality, which is a two and a half hour trip from the city of La Paz. He has four head of livestock, which give him good quality milk. The milk sales are his main source of income.
He needs the loan to buy a dairy cow. This way he will increase his milk production and his income for his family. Tiburcio’s dream is to increase his head of cattle, which will greatly increase his production.
It is the second time he has requested a loan with IMPRO and the first time with Kiva.
Tiburcio es productor de leche, la cual vende a una de las empresas recogedoras de leche. Vive en casa propia junto a su esposa y 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 cuatro cabezas de ganado las cuales le proporcionan leche de buena calidad cuya venta es su procipal fuente de ingresos.
El crédito lo requiere para comprar una vaca lechera y así incrementar su producción de leche y sus ingresos para su familia.
El sueño de Tiburcio es incrementar sus cabezas de ganado, aumentando mucho más su producción.
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.