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Luis Grover
Luis Grover G. T. is 21 years old, single, and has no children. He supports his siblings and his mother, who works selling food from a traveling stand because his father passed away when he was very young. He currently works as a motorcycle taxi driver in the "2 de Agosto" (August 2nd) union, which he has been doing as an active member for more than three years. The service he offers is profitable because of the high number of people who request this service for its ease, speed and efficiency. The union has taxi stands and shifts for each affiliate at different points in the town of Ivirgarzama where people come to request the service.

The customer is not familiar with loans. This is the first time that he has obtained a loan from CIDRE, and its purpose will be for the purchase of a new motorcycle, so he can offer better service to his customers, which will also allow him to improve his income and consequently improve quality of life for himself and his family, and make it possible for his siblings to finish high school and be able to study a technical career.

Luis Grover G. T. came to CIDRE to request his loan after his co-workers told him about the good credit conditions offered by the institution, and about Kiva's benefits for enterprising people.
View original language description ↓
El Señor Luis Grover G. T. tiene 21 años es soltero y no tiene hijos, el es el sustento de sus hermanos y su madre la cual trabaja vendiendo comida en un puesto ambulante ya que su padre falleció cuando él era muy joven; el trabaja actualmente como moto taxista en el sindicato“2 de Agosto” en el cual esta hace mas de 3 años como socio activo, el servicio que brinda es rentable por la alta cantidad de personas que solicitan este servicio por la facilidad, rapidez y eficiencia. El sindicato cuenta con paradas y turnos para cada afiliado, en diferentes puntos de la localidad de Ivirgarzama donde las personas acuden para solicitar dicho servicio.

El cliente no conoce de créditos, es la primera vez que el cliente obtiene un préstamo de CIDRE cuyo destino será la compra de una nueva motocicleta, para poder brindar un mejor servicio a sus clientes lo que le permitirá también mejorar sus ingresos consecuente mente mejorar su calidad de vida su familia, y lograr que sus hermanos terminen el colegio y puedan estudiar una carrera técnica.

El señor Luis Grover G. T. se apersono a CIDRE a solicitar su préstamo luego de que sus compañeros de trabajo le Comentaron de las buenas condiciones crediticias con las que trabaja la institución, y sobre los beneficios de Kiva para personas emprendedoras.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $29,598,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Luis Grover operating capital, purchase tools for work.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Sep 13, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012