She needs the loan to complete the finishing touches on her house. She wants to do this in order to be able to live more comfortably. Her family is currently living in unfinished rooms. They need to stucco, paint, and fix the plugs.
Rita is married and has two children. They live in their own house in the Pura Pura area of the city of La Paz.
This is the first time that she has worked with IMPRO and Kiva.
El crédito lo necesita para el terminado de obra fina en su vivienda para poder vivir más cómodamente, pues actualmente la familia está viviendo en habitaciones que no están terminadas, pues falta poner estuco, pintar y arreglar los enchufes.
Rita es casada y tiene dos hijos, viven en casa propia en la zona Pura Pura en la ciudad de La Paz.
Es la primera vez que trabaja junto a 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