Rosario M. is single and lives with her parents on Santísima Trinidad Avenue in the Cooperativa neighborhood of the city of El Alto. She is a nurse in a city hospital. She is applying for a loan to pay for her post-graduate studies. It is her first credit with Impro, but her occupation is more stable than other clients, which is why we are sure of her collateral.
Rosario M. es soltera y vive en la avenida Santísima Trinidad de la zona villa Cooperativa en la ciudad de El Alto, junto a sus padres. Es enfermera en un hospital de la ciudad. Solicita crédito para pagar sus estudios de post grado. Es su primer crédito en Impro, pero a diferencia de otros clientes, su ocupación laboral es más estable por lo que aseguramos todo tipo de garantía.
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.