A loan of $750 helped to pay for her daughter's surgery.

Magdalena's story

Magdalena is a widow and has three children two of which are independent; she lives only with a daughter in her in-laws’ house occupying two rooms. The house is located in the city of La Paz’s Alto San Pedro zone.

She currently earns income from the pension her husband left her and must cover food and basic utility costs with it which is why she’s asking for a loan because one of her daughters needs an operation and she wants to help her but what she earns is insufficient to do so.

Magdalena’s dream is to have a business to improve her income and to be able to get a house under the ‘anticrético’ modality [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] in order to have more comfort. This is the third time she’s worked with IMPRO and first with KIVA.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details