A loan of $500 helped to cover the cost of converting his taxi from gasoline to natural gas.

Ricardo's story

Ricardo is married and has three children who are of school age. He works more than 10 hours as a taxi driver, but he does not earn much money since his vehicle consumes too much gasoline. For this reason, he is requesting a loan so that can replace the gas-powered engine in his vehicle to one that runs on natural gas. This will increase his earnings so that he can support his family. Ricardo does not have health insurance or a home of his own. His family lives in a house where they rent three brick rooms that have dirt floors. The house is located in the District of San Martín in the city fo La Paz. One of his dreams is to have a house of his own so that he can provide security and comfort for this family, mainly for his children since they are young.

This is the 15th time Ricardo has worked with IMPRO and the 6th time with Kiva.

The cost difference of using a natural gas vehicle versus one powered by gasoline is approximately 50%. For this reason, many taxi drivers and passenger minibus owners prefer to install the mechanism required to use natural gas. This results in cost savings for their businesses.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details