Shirley is a merchant. She has a glassware and Christmas decorations store. She needs the loan to buy more merchandise like sets of crystal drinking glasses and Christmas decorations to have a variety of goods to offer her customers taking advantage of the Christmas festivities. Shirley is single and has a son. She lives in her grandparents’ house located in the city of La Paz’s Gran Poder zone. This is her fifth lmpro loan request and the second time it’s been channeled through Kiva.
La señora Shirley es comerciante, tiene una tienda de cristalería y artículos navideños. El crédito lo requiere para la compra de más mercadería, como ser sets de vasos de cristal, adornos navideños, para poner variedad y ofrecerla a su clientela y aprovechar las fiestas navideñas. Shirley es soltera y tiene un hijo. Vive en casa de sus abuelos la misma queda ubicada en la zona Gran Poder de la Ciudad de La Paz. Esta es la quinta vez que solicita un crédito a través de IMPRO y la segunda vez que se lo canaliza a través de Kiva.
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.