Reynaldo plans to use this loan to convert his trufi to run on compressed natural gas instead of gasoline. He estimates that by doing so, he will save 40% of what he currently spends to fill his tank.
This is his first credit with IMPRO; he has been approved for the loan based on a credit evaluation conducted by the institution.
El crédito lo destinara para transformar el sistema de gasolina a gas natural comprimido de su automóvil, se estima que podrá ahorrar un 40% de lo que gastaba en combustible.
Es su primer crédito con IMPRO, la evaluación realizada permite aprobarla solicitud de Reynaldo.
About IMPROIMPRO 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.
100View loans »