Nestor currently works cutting wood. In the morning, his job is to prepare the wood before it is cut in different sizes. In the afternoon, he delivers orders. He studies in the evenings. He works every day of the week, he helps his parents financially and he pays for the utilities and for the clothes.
He is requesting a loan to buy bricks, cement and sand to finish building two rooms and in this way improve his quality of life.
Nestor’s dream is to be able to finish his studies and to have his own business. This is the first time he requests a loan to IMPRO and Kiva.
Actualmente trabaja de empleado en una barraca donde se corta madera; su trabajo consiste en la preparación de madera para cortes de medida por las mañanas y por las tardes se dedica a cargar y despachar los pedidos, por las noches se dedica a estudiar. Nestor trabaja todos los días de la semana. En su casa colabora a sus papas económicamente, también se hace cargo de los servicios, pago de luz, vestimenta.
El crédito lo requiere para compra de ladrillos, cemento, arena, para terminar de construir un par de cuartos, y así poder a mejorar su calidad de vida.
El sueño de Nestor es poder terminar sus estudios y tener negocio propio.
Es la primera vez que solicita crédito junto a IMPRO Y 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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