Betty is 25 years old. She is single and does not have children. She sells ladies’ underwear in a very busy market in the city of Ciudad de El Alto. This is her fifth loan cycle with the institution. Betty will use this loan to buy construction materials to finish building a room in her mother’s house. This is her reason for requesting the loan. Betty confronts challenges in her business because she doesn’t yet have her own market stall. She will use the savings from moving to her mother’s house. Betty hopes to soon be able to buy her own market stall where she can sell her merchandise and have more income and improve her quality of life. She feels very thankful to the institution for the support it has provided.
La Señorita Betty tiene 25 años y es soltera no tiene hijos, ella se dedica a la venta de ropa interior en una feria muy concurrida de la Ciudad de El Alto, esta es la quinta secuencia de su crédito dentro de la institución, Betty usara este préstamo para la compra de materiales de construcción para terminar de construir una habitación en la casa de su Mama esta es la razón para solicitar este préstamo, la Señorita Betty enfrenta retos en su negocio ya que aun no cuenta con un puesto propio. Ella va a utilizar los beneficios ya que se mudará a la casa de la madre, la señorita Betty desea muy pronto poder comprar un puesto propio para ofrecer su mercadería y poder tener mas ingresos y de esta manera mejora su calidad de vida, se siente muy agradecida con la institución por el apoyo brindado.
Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.
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.