A loan of $350 helped to pay for maintenance on the motor in his taxi.

Ricardo's story

Ricardo is single, and he has three children. His living arrangement is an "anticrético" (lump-sum loan provided in exchange for housing tenure, where the loan must be paid back to the lender/occupant at the end of a specified period), and he occupies two rooms. The house is in the San Martín area of the city of La Paz.

He works as an independent taxi driver for over eight hours a day. That is how he gets income to support his family and cover the expenses for education, food, and basic services.

The loan that he needs is for maintenance on the motor in his vehicle. It needs repair because it is old (he bought a previously used motor). This way he will give his passengers good service. It is his only source of income.

Ricardo’s dream is to stop living in anticrético and to have his own house. He wants to do this to improve his quality of life and that of his children. This way they would be able to live comfortably in separate rooms.

Ricardo has had 16 loans with IMPRO, and this his the sixth loan with Kiva.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details