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Erasmo
Erasmo J. Cáceres, 21, is single and works to take care of his family, his mother and his three younger siblings since his father abandoned them when Erasmo was 18. Since then he has been responsible for his family.

He is a young man who is very dedicated to his work. He works as a moto taxi driver with CARRASCO, where he has been working more than two years. He transports customers daily so he can take care of his mother and siblings so in the future they will have and enjoy the things he didn't have in his youth.

Erasmo came to the offices looking for a loan to buy a motorcycle so he can work in the town of Ivirgarzama with his own equipment and have more income for the well-being of his mother and siblings and for a better future for his family.
View original language description ↓
El Señor Erasmo J. Cáceres de 21 años de edad, es soltero y trabaja para mantener a su familia, su madre y sus 3 hermanos menores ya que su padre los abandono cuando el tenia sus 18 años y desde entonces él se hace cargo de su familia.

El es un joven muy dedicado a su trabajo, trabaja como moto taxista en el sindicato CARRASCO en el cual ya va trabajando más de dos años, el cliente lleva diariamente para el sustento de su madre y sus hermanos para que en un futuro ellos tengan y gocen de las comodidades de las que él no gozo en su juventud.

El señor Erasmo se apersono a las oficinas en busca de un crédito para un reintegro para la compra de una Motocicleta para así poder trabajar en la localidad de ivirgarzama ya con herramientas propia así poder tener más ingresos para el bienestar de su madre y sus hermanos y un futuro mejor para su familia.

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

  • $2,817
    Average annual income
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Erasmo purchase of motorcycle for taxi service.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2010
Listed
Jul 7, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011