Jovana is employed at an Internet business, but she also makes clothing. She needs the loan to buy a sewing machine, since she wants to open a sewing shop. Jovana lives in a house under antichresis (a rental arrangement common in Bolivia) located in the Alto Miraflores zone of the city of La Paz. She is single and has one child. This is her first credit with Impro.
La señora Jovana es empleada en un Internet pero ella también se dedica a la confección de prendas de vestir; el crédito lo requiere para comprar una maquina recta ya que la señora desea abrir un taller de costura. Jovana vive en casa anticretico la misma queda ubicada en la zona de Alto Miraflores de la ciudad de La Paz; es soltera y tiene un hijo. Es la primera vez que solicita un crédito en Impro.
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.