A loan of $500 helped to buy winter jackets to sell.


Walter's story

Mr. Walter is a teacher who travels to the interior of the country on weekends to sell jackets. These are his two sources of income. Because winter is beginning in Bolivia, he needs this loan to increase his capital in order to buy more winter jackets. He lives in an anticrético housing arrangement with his mother, in a house located in the San José de Yunguyo zone of the city of El Alto [anticrético is a common rental arrangement in Bolivia where the renter gives a lump sum loan to a property owner in exchange for housing for a specified length of time]. He is single and does not have children. This is the first time he has taken out a loan through IMPRO.

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Translated from Spanish by Kiva volunteer Katie Kavanagh



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