She will use the loan to buy construction material (sand, cement, and stucco) to repair their house and thus be able to live better.
This is her first loan with Impro. The socio-economic analysis permits her to apply for this new credit.
El préstamo lo destinará para la compra de material de construcción (arena, cemento y estuco) para refacción de su vivienda y así poder vivir mejor .
Es su primer crédito con Impro. El análisis socio-económico le permite solicitar este nuevo crédito.
About IMPROIMPRO 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid