A loan of $1,000 helped for cost of a two-bedroom “anticrético” contract. (Anticrético is a transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner loses the property to you).


Maria's story

María lives in a rented house in the Las Lomas sector in the west side of La Paz. She is single and has a 6 year old daughter. She is employed as a cleaning lady in a private home but she also collects recyclables. Income from these activities is used to support her family.

The loan she got previously was for capital to make it possible for her to work with recyclable items. She has had 5 Impro loans and she is very satisfied with the loans we provide.

The loan she’s asking for now is for a two-bedroom anticrético contract in order to live more comfortably and save some money in order to have a three or more bedroom anticrético in the future as well as savings for emergencies. (Anticrético is a transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner loses the property to you)

Her credit history qualifies her for a new loan because she’s considered to be a good client.

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Translated from Spanish by Kiva volunteer Polliz



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