This loan will be Virginia's first with the institution. She will use it for the construction of a load-bearing wall in her home.
Virginia faces challenges in her business, such as the bad moods of some drivers who treat her poorly, but this doesn't stop her from getting ahead. In spite of the difficulties, she doesn't have any competition and for that reason has a large customer base. She will use these advantages to continue improving her home; already with the construction of this load-bearing wall she feels much better. Virginia is very happy and appreciative to the institution for the help offered.
About EmprenderEmprender 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.
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