A loan of $600 helped to refund a sum from an anticretic loan, so as to free up a room in her home so that her daughter can live with her.


Martha's story

Martha is separated and has three children. She doesn't live with them, as they are already married and financially independent. She lives in her own home located in the Satélite neighborhood of La Paz city.

She currently has income from her pension and from an anticretic loan on a room in her houses. (An anticretic loan is a legal term whereby a landlord can let a tenant live in a room, two rooms, or an apartment, for an agreed amount on signing the contract and for a fixed period of time. At the end of this, the landlord must return the money to the tenant, who must vacate the premises). She is requesting this loan to return this aniticretic money, as she wants her daughter to live with her. This is because the money her daughter earns is not sufficient to support her children, as she is a single mother and lives in a rental. In this way Martha will be able to help her daughter to save money on rent, and to invest this money in food and education for her children.

Martha's dream is to build more rooms to help provide comfort and security for her children, as they don't earn much.

This is her first time working with IMPRO and her first time with Kiva.

Translated from Spanish by Kiva volunteer Arabella Pollack



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