A loan of $700 helped to pay for a postgraduate degree.


Angel's story

Ángel’s married and has three children who are all independent now. He lives with his wife who is in poor health and does not work. They live in a two-bedroom rented house located in the city of La Paz’s Cota Cota zone. He works as a consultant for a public firm for more than 8 hours daily and needs the loan to pay for a postgraduate degree in Public Administration because he has the opportunity of a promotion that would mean higher income. Ángel is the only one covering food, rental and basic utility costs. His dream is to get an ‘anticrético’ [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] so he can save on rental costs and improve his quality of life having more comfort and security. This is his fourth loan request to IMPRO and second to KIVA.

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Translated from Spanish by Kiva volunteer Polliz



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