Antonia is married and has a little son. She lives in three rooms in “anticretico” [a tenant pays a fixed sum upon renting a house instead of monthly rent, which is considered a loan to the property owner and is returned in full when the rental period is over]. The rooms have brick walls and dirt floors, and they are located in the Balivián zone in the city of El Alto.
Antonia only completed elementary school. She now gets income from making traditional clothing. She has contracts from musical groups and dance troupes. She works for over 12 hours a day because she needs to cover the food expenses and pay for her family’s basic services.
That is why she is requesting the loan to buy more fabric and thread. She will finish her contract because her customers pay her when she delivers all of the order.
Antonia’s dream is to have her own house and to have a shop in order to improve her income and her quality of life.
This is the first time she has requested a loan with IMPRO and Kiva.
Antonia, esta casada y tiene un hijo pequeño, vive en tres habitaciones en anticretico con paredes de ladrillo y el piso de tierra, ubicada en la zona Ballivián de la ciudad de El Alto.
Antonia estudió solamente hasta terminar la primaria y actualmente percibe ingresos ya que se dedica a la confección de ropa de cholita y realiza contratos para los grupos y comparsas de bailarines, trabajado por más de doce horas al día ya que debe cubrir los gastos de alimentación y pago de servicios básicos de su familia; es por eso que solicita el crédito para comprar más tela e hilos y terminar su contrato ya que sus clientes le pagan cuando entrega todo el pedido.
El sueño de Antonia es tener su casa propia y tener su taller para mejorar sus ingresos y su calidad de vida.
Es la primera vez que solicita crédito junto a IMPRO y KIVA.
IMPRO 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.