Franz currently works as a cooking instructor at a private institution. He works more than eight hours a day so that he can pay for expenses such as food, education, and basic services for his family. His wife does not earn much money as an artisan. The loan he is requesting will be used to remodel a bathroom in his home because he wants it to be completely finished. He will also have tiles installed so as to prevent humidity.
Franz dreams of improving his income and being more comfortable. This is the second time he has requested a loan from IMPRO and Kiva.
Actualmente trabaja como profesor de cocina en un Instituto privado por más de ocho horas al día ya que debe pagar los gastos de alimentación, educación y pago de servicios básicos de su familia por que su esposa no gana mucho como artesana.
El crédito lo solicita para la refacción de su baño en su domicilio ya que desea realizar la obra fina y la puesta de azulejos para no tener tanta humedad.
El sueño de Franz es mejorar sus ingresos y tener más comodidad.
Es la segunda vez que solícita crédito junto a IMPRO y 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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