Guillermo is employed as an office assistant in a religious institution in the city of La Paz. He needs the loan to cover some personal medical expenses. He lives in a rented house located in the central zone of the city of La Paz. He’s married and has a son. This is the first time that Guillermo has an IMPRO loan and because of its social characteristics it’s being channeled through Kiva and its lenders.
El señor Guillermo, está empleado como auxiliar de oficina en una Institución religiosa de la ciudad de La Paz. El crédito lo requiere para la cubrir gastos de exámenes médicos personales. Vive en alquiler en una casa ubicada en la zona central en la ciudad de La Paz; es casado y tiene un hijo. Es la primera vez que Guillermo tiene un crédito en IMPRO y por el carácter social de ayuda se lo canaliza a través de Kiva y sus financiadores.
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.