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Lino
Lino O. F. is in a live in relationship and is the father of two children whom he supports and helps with their schooling. He’s been in this relationship for more four years. He also raises oranges and mandarin oranges. This provides only enough income with which to survive and maintain a stable life.

He would like to begin a new business venture, that of driving a moto-taxi. This will help him to improve their quality of life. This is one of the businesses in highest demand in the area where he lives because people use this mode of transport to travel between work and home, because of its speed, ease, and accessibility.

This will be his first loan, through our institution, which he will use to buy a new motorcycle.
View original language description ↓
El Señor Lino O. F. vive en concubinato y es padre de familia de dos hijos a los cuales apoya y ayuda en su educación junto a su pareja, vive en concubinato más de 4 años, se dedica a la producción de naranja y mandarina, ingreso que les sirve solo para sobrevivir y tener una vida estable, El cliente desea incursionar en una nueva actividad la de moto taxista la cual mejorara su calidad de vida, esta actividad es una de las más solicitadas en el medio donde vive el cliente porque la gente se moviliza a su trabajo y domicilio en este medio de transporte por la rapidez y facilidad que cuenta este servicio que está a su alcance.

Es la primera vez que el cliente obtiene un préstamo de nuestra institución cuyo destino será la compra de una nueva motocicleta.

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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,572,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lino moto-taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 31, 2010
Listed
Jan 30, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2011