Currently he earns income, as he works as a teacher for more than eight hours a day in two schools. With what he earns he must cover his family's expenses for food, education, and payment of basic services.
He needs the loan in order to buy cement, stucco and bricks for repairing his house, as the walls are in very poor condition. He will also legalize the title documents for his home, as he wishes to have more security.
Grover's dream is to improve his income, as he wishes to build more rooms and improve his quality of life.
It is the second time he has worked with IMPRO, and the first time with Kiva.
Actualmente percibe ingresos ya que trabaja como profesor por más de ocho horas al día en dos Instituciones educativas y con lo que gana debe cubrir los gastos de alimentación, educación y pago de servicios básicos de su familia.
El crédito lo requiere para la compra de cemento, estuco y ladrillos para la refacción de su vivienda ya que sus paredes se encuentran muy deterioradas; también realizará la legalización de los documentos del mismo, ya que desea tener más seguridad.
El sueño de Grover es mejorar sus ingresos ya que desea construir más habitaciones y mejorar su calidad de vida.
Es la segunda vez que trabaja 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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