Carlos works as a construction worker, he is an independent contractor, and his wife works in the kitchen of one of the zone’s restaurants.
Due to the uneven nature of his property, Carlos has excavated his land to make it level with the street.
The loan he is requesting would be used to build a retaining wall, which would allow him to stabilize his house.
This is the first time he seeks a loan, and the socioeconomic analysis conducted qualifies him favorably for access to credit.
Carlos trabaja como empleado de la construcción, es contratista independiente, su esposa es ayudante de cocina en un restaurante de la zona.
Debido al desnivel de su propiedad, Carlos ha realizado la excavación de su terreno para nivelar el mismo con la calle.
El crédito solicitado será para la construcción de un muro de contención, esto permitirá estabilizar la vivienda.
Esta es la primera vez que solicita préstamo y el análisis socioeconómico realizado lo califica favorablemente, por lo tanto, puede acceder a un crédito.
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.
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