The loan that she needs is to repair the steps at her house in order to make it safer for her children. She is single and has three children. They live in her parents’ house in the Pasankeri zone in the city of La Paz.
This is the first time that she has worked with IMPRO and Kiva.
El crédito lo requiere para la refacción de las gradas en su vivienda para dar más seguridad a sus hijos.
Ella es soltera y tiene tres hijos con los cuales vive en la casa de sus padres en la zona Pasankeri de la ciudad de La Paz.
Es la primera vez que trabaja con IMPRO y KIVA.
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