A loan of $900 helped to buy ingredients.

Elena's story

Elena’s divorced and has two children who are now independent. She lives alone in a rented room in the city of La Paz’s Villa Fátima zone.

She only completed secondary school and currently earns income working more than ten hours making and selling all sorts of baked goods like turnovers, cookies, bread rolls, etc. She must cover her housing, food and basic utility costs.

She needs the loan to buy ingredients needed to make her products like flour and sugar since she wants to buy these supplies at wholesale but with the little she earns she can’t afford to.

Elena’s dream is to have a pastry shop to improve her income and acquire a house using the “anticrético” [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 could lose the property to you] modality and also to improve her quality of life.

This is the seventh time she’s worked with IMPRO and the first with KIVA.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details