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Juan Hermogenes
Juan Hermogenes G. S. is 46 years old. He’s been separated for more than 10 years and has three children whom he supports and provides an education for. [Juan] works with the “10 de Noviembre” union as a moto-taxi driver, and has been an active member for more than six years. His services are profitable because of the quality of people who request this service, given its convenience, speed, and efficiency. The union provides stops and shifts for each member, in different locations around Ivirgarzama, where people gather to request services.

[Juan] is requesting this loan in order to buy a new motorcycle because the one he has is at the end of its lifecycle and a new one will allow him to provide better service to his customers. It will also allow him to improve his income and quality of life.

We should mention that Juan approached CIDRE for a loan after his coworkers told him of the favorable loan terms that our institution provides.
View original language description ↓
El Señor Juan Hermogenes G. S. tiene 46 años está separado de su pareja por más de 10 años es padre de 3 hijos a los cuales ayuda y ayuda en su educación; el trabaja actualmente como moto taxista en el sindicato“10 de Noviembre” en el cual esta hace mas de 6 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 solicita el credito para la compra de una nueva motocicleta, debido a que la que tiene actualmente ya cumplió su ciclo de trabajo y de esta forma poder brindar un mejor servicio a sus clientes lo que le permitirá también mejorar sus ingresos consecuente mente mejorar su calidad de vida.
Cabe señalar que el señor Juan Hermogenes G. S. 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 nuestra institución

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
  • 237
    View loans »
    Bolivia Loans Fundraising
  • $31,596,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juan Hermogenes motorcycle taxi.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Sep 19, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 26, 2012