A loan of $500 helped to buy a single needle sewing machine for starting his own business making tracksuits.


Genaro's story

Genaro is married and has three children, two of whom are already independent; the youngest is school-aged. They live in a rented house, occupying three rooms. The house is located in the Pampahasi area of the city of La Paz.

Currently, he works more than eight hours a day in a company making tracksuits, and also has a grocery store run by his wife, who appears in the above photo. Both of them contribute to their family's expenses for food, education and payment of basic services.

He needs the loan for the purchase of a single-needle sewing machine for making tracksuits, as he wishes to improve his income by working independently.

Genaro's dream is to obtain a house through "anticrético" (lump-sum loan in exchange for housing, which must be paid back to the occupant at the end of the contract). This is in order to give his family more comfort, improve their quality of life, and most important, to not have to pay the rent that he currently pays.

It is the first time he has applied for a loan with IMPRO, and the first time with Kiva.

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Translated from Spanish by Kiva volunteer Jeff Goldie



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