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Richard
Richard S. C. is 22 years old. He is married to Maria del Carmen Almanza Ovando. At the present they have no children; their main economic activity is the production and sale of plaster for construction.

Richard S. currently lives in his parents' home, located in the Eastern zone, 23 km from the city of Cochabamba. They are young people in the stage of building their marriage as well as their economic activities.

The current loan will be used to acquire a vehicle that will be used to distribute their products. With this vehicle they will increase their income and improve their living conditions and, in the future, become independent from the home of his parents.
View original language description ↓
EL SEÑOR RICHARD S. C. TIENE 22 AÑOS DE EDAD, ESTA CASADO CON SRA. MARIA DEL CARMEN ALMANZA OVANDO, ACTUALMENTE NO CUENTAN CON HIJOS, SU PRINCIPAL ACTIVIDAD ES LA PRODUCCION Y COMERCIALIZACION DE YESO PARA LA CONSTRUCCION CIVIL.

EL SEÑOR RICHARD S., ACTUALMENTE VIVE EN CASA DE SUS SEÑORES PADRES UBICADO EN LA ZONA OESTE A 23 KM DE LA CIUDAD DE COCHABAMBA, SON PERSONAS JOVENES EN ETAPA DE CONSOLIDACION DE SU MATRIMONIO ASI COMO DE SU ACTIVIDAD ECONOMICA.

EL PRESENTE CREDITO ES UNA CONTRAPARTE PARA LA ADQUISICION DE UNA CAMIONETA QUE LE SERVIRA PARA LA DISTRIBUCION DE SU PRODUCTO, CON LO CUAL MEJORARAN SUS INGRESOS Y SU CONDICION DE VIDA Y EN FUTURO INDEPENDIZARSE DE LA VIVIENDA DE SUS SEÑORES PADRES.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.

About Bolivia

  • $5,500
    Average annual income
  • 221
    View loans »
    Bolivia Loans Fundraising
  • $31,548,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Richard to buy a vehicle for the distribution of plaster.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Jan 28, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010