A loan of $1,000 helped payment of antichretic contract to be able to gain independence and live with her family.


Telma's story

Telma H. lives at home with her parents, in a satellite town of El Alto city, with her husband and their two small school age children. Telma works as a waitress in a restaurant in the city of La Paz and her husband works as a public transport driver. They use this income to support their family. The requested loan is for the purchase of an antichretic contract (it is a legal method of renting a good property for a fixed sum for a period of one or two years, after which the owner of the property returns the money to the tenant), as they do not have sufficient space for their family in her parents' house. This is the first time she has asked for a loan and the socioeconomic analysis undertaken is favorable meaning she can be given a loan.

Translated from Spanish by Kiva volunteer Catherine Dent



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