Funded

Total loan: $1,000
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Gisela


A loan of $1,000 helped to pay the cost of engine repairs for her taxi.


Gisela's story

Gisela is single mother and has a son who is a high school student. She lives in the home of her parents in the District of San Martin in city of La Paz, where she occupies only one room. With the help of her parents, Gisela acquired a vehicle that she uses to earn income for expenses, such as food and her son's education. She also earns extra income working jobs as a seamstress, so she drives her vehicle on the weekends. Gisela's job is very dangerous since she recently learned how to drive, but she needs more income to cover the expenses of her son. She does not have health insurance. The loan she is requesting will be used to repair the engine of her taxi so that it can continue to operate as normal.

Gisela's dream is to be able to pay for her son's university expenses and to acquire a house through an "anticrético" (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) or buy a house of her own. This would give her greater comfort and a better quality of life.

This is the eighth time she has requested a loan from IMPRO and the seventh with Kiva. Gisela separated from her husband and was not able to keep the taxi that both of them owned. Therefore, she needed the help of her parents to buy another taxi so that she would not lose a source of income.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

7 months
Disbursed date: April 12, 2012

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: April 12, 2012