Néstor’s married and has three children who are already independent. Néstor lives in his in-laws’ house occupying a single room with brick walls and dirt floor. The house is located in the city of La Paz’s Achachicala zone.
Néstor finished secondary school and currently earns income as a taxi driver working more than ten hours daily because he must cover his family’s food and basic utility costs.
He needs the loan to service his vehicle (oil change and brake check) because it’s his only source of income. His dream is to improve his income and get a house under the ‘anticrético’ modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you] because he wants to have more comfort and improve his quality of life. This is his fourth loan request to Impro and first to Kiva.
Néstor, es casado y tiene tres hijos los cuales ya son independientes. Nestor vive en casa de sus suegros ocupando solo una habitación con paredes de ladrillo y el piso de tierra, la casa esta ubicada en la zona Achachicala de la ciudad de La Paz.
Néstor estudió solo hasta terminar la secundaria y actualmente percibe ingresos como chofer por más de diez horas al día ya que debe cubrir los gastos de alimentación y pago de servicios básicos de su familia.
El crédito lo requiere para el mantenimiento de su vehículo (cambio de aceites y chequeo de frenos) ya que es la única fuente de trabajo que tiene.
El sueño de Néstor es mejorar sus ingresos y adquirir una casa en anticrético ya que desea tener más comodidad y mejorar su calidad de vida.
Es la cuarta vez que solicita crédito junto a IMPRO y la primera vez con KIVA.
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.