Juan is married and has three children. He lives in a rented house made of brick and cement in El Alto.
Juan has a kiosk at a school where he and his wife sell snack foods and soft drinks. He wants to increase the inventory of merchandise in his kiosk by purchasing sweets, cookies, soft drinks, and chocolates. Therefore, he is requesting assistance from Kiva.
Juan es casado tiene tres hijos y vive en El Alto en una casa de ladrillo y cemento donde paga un alquiler Juan sobrevive con un kiosco en un colegio donde vende golosinas y refrescos junto a su esposa Juan quiere incrementar la mercaderia de su kiosco (dulces, galletas, refrescos, chocolates) y por eso pide la ayuda de 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.