Hernán is currently employed by a private firm and works more than 8 hours per day because he must cover food and basic utility costs for his family.
He needs the loan to repair his roof because when it rains much water comes in because there are many leaks and that’s why he wants to replace it to improve his quality of life. He needs to buy ‘calaminas’ which are sheets of special metal widely used in Bolivia to roof houses.
His dream is to add more bedrooms to house his children and provide comfort for them. This is his second Impro loan request and first with Kiva.
Actualmente Hernán trabaja como empleado en una empresa privada trabajando por más de ocho horas al día ya que debe cubrir los gastos de alimentación y pago de servicios básicos de su familia.
El crédito lo requiere para la refacción de la cubierta de su vivienda ya que en tiempos de lluvia gotea mucha agua y por eso quiere cambiarlo y con eso mejorara su calidad de vida. Necesita comprar calaminas, que son láminas de un metal especial que se usa mucho en Bolivia, para cubrir los techos de las casas.
El sueño de Hernán, es construir más habitaciones para poder acoger a sus hijos y brindarles comodidad.
Es la segunda 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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