A loan of $1,500 helped to pay for an "anticrético" agreement for her home.


Jeannette's story

The married woman Jeannette is 29 years old and lives with her husband. She has a high school degree. She has one son with her husband who is dependent on her income. She lives in the eastern part of town. She is a very responsible person who is eager to excel and work hard everyday. Her main activity is a laundry service with a renowned company in the city. She has 6 years of experience working. Her husband also works. He is an assistant in a factory. Their salaries are very low so they began a transportation service. She is seeking a loan for an anticrético agreement for her home [a contract to rent property whereby the renter pays the landlord a fixed sum at the start of the rental period in lieu of paying monthly rent; at the end of the rental period, the tenant receives the sum back, in full, from the landlord, thus resulting in rent-free living]. She currently pays rent and wants to save or invest the money into something productive instead and not spend it on a monthly rent payment because they have just enough to survive each month.

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Translated from Spanish by Kiva volunteer Megan Hinrichsen



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