This loan is her first with the lending institution. Roxana will use this loan to buy construction materials for refurbishing and constructing her house. Her reason for asking for the loan is that she wants to give more comfort to her children. Roxana encounters challenges in her business, such as that she has to get up very early to buy her vegetables, and the thing that she does well is despite this she works very, very hard to move her children forward in life, as they are her one happiness. She will use the benefits to continue buying things for her house, and her wish is to see her children become professionals. Also, her wish for her business is to increase her business to be a commercial enterprise with other types of merchandise.
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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Success!! The loan was 100% repaid