He needs the loan to pay to finish adding a bedroom to his house to provide more comfort for his family. Cupertino’s wish is to build enough bedrooms at home so that his children will have enough comfort. He’s had one previous loan with Impro and this is his first with Kiva.
Cupertino trabaja como chofer realizando viajes interprovinciales del departamento de La Paz, ingresos con los que mantiene a su familia.
El crédito lo requiere para pagar el costo de terminar una habitación más en su casa para dar mayor comodidad a su familia.
El sueño del señor Cupertino es el de construir su vivienda las habitaciones suficientes para que sus hijos tengan las comodidades suficientes.
Cupertino tiene un crédito con Impro y con kiva es la primera vez.
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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Success!! The loan was 100% repaid