Señor Erwin lives in his parents’ house in the Vivienda Obrera neighborhood of the city of La Paz. He works as an assistant on trips to the Yungas region, located three hours to the north of La Paz.
The loan that he is applying for is to pay for an operation for his mother who had an accident and fractured her foot. He has not previously been a client of IMPRO but, due to his good character, he can be approved for a loan.
El señor Erwin vive en casa de sus padres en casa propia en la zona vivienda obrera de la ciudad de La Paz; trabaja como ayudante en viajes a los yungas (localidad a tres horas al norte de La Paz).
El crédito que solicita es para pagar la operación de su madre quien tuvo un accidente y tiene fractura en el pie.
No es cliente de Impro pero por el carácter social puede acceder a un crédito.
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.