Juan Carlos studies up to secondary level and is currently working as a paid chauffeur in the city of La Paz.
He is requesting this loan in order to buy construction materials: cement, bricks, iron. In this way he will be able to build a shop for his wife, where she can start up a business selling food stocks.
Juan Carlos' dream is to finish building his house.
This is his first loan cycle with IMPRO and his first time with KIVA.
El estudio hasta el nivel secundario y actualmente trabaja como chofer asalariado, en la ciudad de La Paz.
El crédito lo requiere para comprar material de construcción: cemento, ladrillos, fierro. Así podrá construir una tienda para su esposa donde ella pueda comenzar un negocio de venta de abarrotes.
El sueño de Juan Carlos es tener su casita construida.
Es la primera vez que solicita crédito junto a IMPRO y la primera vez con 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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Success!! The loan was 100% repaid