She needs the loan to build a room on her home so as to provide better comfort for her family.
Lucila is a single mother of two children, and she lives in the Pasankery area of the city of La Paz.
This is her first time working with IMPRO, and her first time working with Kiva.
El crédito lo necesita para la construcción de una habitación en su casa, para brindar más comodidad a su familia.
Lucila, es madre soltera y tiene dos hijos, vive en la zona de Pasankeri ubicada en la ciudad de La Paz.
Es la primera vez que trabaja con IMPRO y la primera vez con 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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Success!! The loan was 100% repaid