Reyna is single and has a son she lives with at present in her parents’ house in the city of La Paz’s Kalajahuira zone. It’s the first time she’s worked with IMPRO and with KIVA.
El crédito lo requiere para el pago de un anticrético (es una forma legal de vivir en un departamento o casa o habitación por un monto acordado entre el dueño de casa y el inquilino, por un periodo de tiempo no mayor a dos años, al cabo del cual el dueño de casa se compromete a devolver la totalidad del dinero) y así poder vivir en forma independiente con su pequeño hijo.
Reyna, es soltera y tiene un hijo con el cual vive actualmente en la casa de sus padres en la zona Kalajahuira de 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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