Miguel lives with his wife and children in his own home located in the Alto Chijini zone. He is a professional musician who plays in a band at social gatherings on the weekends. This allows him to earn enough of an income to be able to support his family.
He is asking for this loan in order to buy musical instruments to be able to continue his trade. This is his first loan through Impro. The analysis of his income and expenses qualifies him for this loan.
El señor Miguel vive en casa propia con su esposa e hijos en la zona de alto Chijini; de profesión músico, la actividad que el realiza es la de tocar en una orquesta los fines de semana en acontecimientos sociales, donde percibe una ganancia que le permite mantener a su familia.
El crédito que solicita es para comprar instrumentos musicales para seguir en su actividad..
Es la primera vez que silicita crédito en Impro y el análisis de su flujo de ingresos y egresos muestra que 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.