Richar is employed by a lumber company as the business manager. He requires the loan to purchase a laptop computer to help him do his job. He lives in his parents' house which is located in the region of Las Lomas in the city of La Paz. He is single and he does not have children. It is the second time he requests a loan from Kiva. Richar continues to study university in La Paz. His previous Kiva loan was used to pay for his application and to make the monthly payments.
El señor Richar es empleado en una empresa maderera como encargado de negocios. El crédito lo requiere para la compra una computadora portátil para realizar mejor su trabajo. Vive en casa de sus padres ubicada en la zona La Lomas en la ciudad de la ciudad de La Paz; es soltero y no tiene hijos. Esta es la segunda vez que su solicitud de crédito es canalizada a través de Kiva. Richar sigue estudiando en la Universidad de La Paz ya que con el anterior préstamo de Kiva pudo pagar la matrícula y mensualidades.
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.