Ramiro only studied until the end of high school, and he currently works for more than 10 hours a day as a building assistant. He works on all kinds of constructions, and uses the money he earns to cover his own food costs and to provide basic services for his family.
Ramiro has applied for this loan to buy plaster, paint, sockets and cables. He wants to use these items to finish work on the room that he stays in at his parents’ house, so that he can be more comfortable and have a better quality of life. Ramiro’s dream is to be able to go to university, where he wants to study a degree that will afford him a better life and allow him to help his parents. This is the second time he has asked for a loan from IMPRO, and the first that he has asked for a Kiva loan.
El estudió solo hasta terminar la secundaria y actualmente trabaja por más de diez horas como ayudante de albañil realizando todo tipo de construcciones, ya que con lo que gana debe cubrir sus gastos de alimentación y pago de servicios básicos de su familia.
El crédito lo requiere para la compra de estuco, pinturas y enchufes y cables ya que desea terminar la obra fina de la habitación que ocupa en la casa de sus padres para tener más comodidad y mejorar su calidad de vida.
El sueño de Ramiro es terminar poder ingresar a la universidad y seguir una carrera que le permita vivir mejor y ayudar a sus padres.
Es la segunda vez que solicita crédito junto a IMPRO y la primera vez junto a 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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