A loan of $1,050 helped payment for entering into an “anticrético” rental agreement.

Fidel's story

Fidel lives in the district of Pasankeri in the city of La Paz. He works as an electrician, maintaining houses and motel rooms in the city of La Paz. In addition, he is in charge of plumbing and other types of building maintenance.

Fidel is married and has two children. This loan will be used to enter into an “anticrético” agreement (a special type of arrangement in which property is pawned to the tenant in exchange for an upfront rental payment, and the rent is returned to the tenant at end of the rental period). Such a contract will benefit his family since he must provide for their living conditions and guard against an increase in the cost of an “anticrético” in the future.

This is the fourth time Fidel has requested a loan from IMPRO. His credit history indicates he is a Level 1 client, which means he has completed his payments on time.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details