She needs the loan to add a bedroom to her parents’ house to have more comfort and improve her quality of life. To do so, she will buy bricks, cement, sand, rebar and other supplies as well as pay the builders. Delma’s dream is to improve her income so she can move into a house under the ‘anticrético’ modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you] to provide her children with more comfort. This is her first loan request to both Impro and Kiva.
Actualmente trabaja como secretaria por más de ocho horas al día ya que debe ayudar con los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para la construcción de una habitación en la vivienda de sus padres para tener más comodidad y mejorar su calidad de vida, para lo cual comprará ladrillos, cemento, arena, fierro y otros insumos, ademas de pagar a los constructores.
El sueño de Delma, es mejorar sus ingresos para mudarse a una casa en anticrético y dar más comodidad a sus hijos.
Es la primera vez que solicita crédito junto a IMPRO y la primera vez con 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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Success!! The loan was 100% repaid