Funded

Total loan: $1,200

Jeanette

La Paz, Bolivia / Food Production/Sales

A loan helped to purchase a small rotisserie oven.

Jeanette's story

Jeannette is married and has two children. They live in a rented home in the District of San Martín in the city of La Paz.

Jeannette only has a high school education, so now she sells sweaters and jackets at the street fairs. She has to leave her little ones behind so that she can work more than 10 hours selling her products. Jeannette also generates income by selling food from the doorstep of her house in the evenings. For this reason, she is requesting a loan to buy a chicken rotisserie (for preparing roasted chickens, in other words, a small oven that slowly rotates the chickens while they cook so that they develop a unique and delicious flavor). This will help to improve her earnings. Her husband does not earn much money working as an assistant at an auto repair shop.

Jeannette dreams of living in a house through an "anticrético" agreement (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 rent-free living). This will help her save money and provide greater comfort to improve her quality of life. She also wants to start a rotisserie chicken business so that she can improve her income and take care of her children.

This is the fourth time she has worked with IMPRO and Kiva.

Translated from Spanish by Kiva volunteer Ronan Reodica. View original language description.

Jeannette, es casada y tiene dos hijos, ellos viven en una habitación en alquiler ubicada en la zona San Martín de la ciudad de La Paz. Jeannette, estudio solo hasta terminar la secundaria es por eso que ahora se dedica a la venta de chompas y chamarras en las ferias de las calles y tiene que dejar al abandono a sus pequeños ya que vende por más de diez horas, también cuenta con los ingresos que tiene vendiendo comida en la puerta de su casa por las noches. Es por esa razón que solicita el crédito para comprar una espiadera para pollos (es como preparar pollos a la broaster; es un pequeño horno donde el pollo da vueltas y se cocina lentamente y adquiere un sabor muy particular y delicioso) y de esta forma mejorar sus ingresos. Ya que su esposo no gana mucho por que trabaja como ayudante en un taller mecánico. El sueño de Jeanette es poder vivir en una casa en anticretico para ahorrar y tener más comodidad para mejorar su calidad de vida y también poner el negocio de los pollos al espiedo para mejorar sus ingresos y cuidar de sus hijos. Es la cuarta vez que trabaja junto a IMPRO y KIVA.

More about this loan

About IMPRO:

Bolivia is experiencing a political crisis. Protests have results in the loss of life and greatly impacted the economy of the country. Kiva is committed to supporting our field partners and borrowers during this difficult time. However, should you choose to lend to a borrower in Bolivia, please be aware that the political unrest poses extra risk for both borrowers and Kiva Field Partners. Delinquency rates in Bolivia could increase while the crisis in ongoing.

IMPRO 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.