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Erika
Erika is single and doesn’t have any children. She lives in a co-op home in the Miraflores area of La Paz and works for more than eight hours a day as an employee for a private company.

She needs this loan to make repairs to her parents’ home, which is currently in bad shape. They don’t have a big income because both are elderly and she wants to help them improve their quality of life and also provide them more security.

Erika’s dream is to build an apartment in her parents’ home so she can support them financially and give them a better quality of life.
View original language description ↓
Erika es soltera y no tiene hijos, vive en una casa en anticretico ocupando una habitación, la casa se encuentra en la zona Miraflores de la ciudad de La Paz.
Actualmente trabaja como empleada por mas de ocho horas al día en una empresa privada y con lo que gana debe cubrir sus gastos de alimentación y pago de servicios básicos.
El crédito lo requiere para la refacción de la casa de sus padres ya que la misma se encuentra deteriorada y no cuentan con muchos ingresos ademas de ser ambos de la tercera edad, es por eso que quiere ayudarles a mejorar su calidad de vida y también brindarles comodidad y seguridad.
El sueño de Erika es construir un departamento en la casa de sus padres para poder apoyarlos económicamente y darles mejor calidad de vida.

Additional Information

About IMPRO

IMPRO 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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Erika home repair.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 7, 2013
Currency Exchange Loss:
N/A
Expired:
Oct 7, 2013