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Pedro Luis
Mr. Luís is 22 years old and studied only until high school. He lives in the Villa Méjico Area in the city of Cochabamba. He works as a taxi driver and lives with his parents in his grandmothers’ home.

He left his studies because his mother had some health problems (she had a hysterectomy and there were many expenses with her recuperation) and his father could not bear all the responsibility since he had to pay all of the medical expenses as well as providing food in the home and that is why Luís decided to leave his university studies as he was beginning his mechanical engineering degree.

Luís is a responsible person and from the moment he began to work as a driver and later, as time passed, he bought a car in a radio taxi company to have more security and customers as well as school pickup contracts or other services.

Thanks to Luís and his fathers’ help, his mother improved and now enjoys good health and she helps Luís by encouraging him to resume his university studies and begin his career now since she will feel very proud of him by seeing him fulfill his dreams.

Luís needs the loan to buy a tank of gas for his car to have more income and hopes in the future to finish his education and buy his mother a home since they still live in his grandmothers’ and that is not very comfortable for her.

View original language description ↓
El señor Luís tiene 22 años solo termino el bachillerato, vive en la Zona de Villa Méjico en la ciudad de Cochabamba, el trabaja como taxista vive con sus padres en la casa de su abuela.

El dejo el estudio porque su madre tuvo un problema de salud (tenían que operarla de la matriz y después de eso venían muchos gastos con la recuperación) y su padre no podía asumir con toda la responsabilidad ya que era asumir con la responsabilidad de pagar todos los exámenes médicos como también llevar la comida a casa, es por eso q Luis decidió dejar la universidad porque él estaba empezando a estudiar Ingeniería mecánica.
Luis es una persona responsable desde ese momento el se puso a trabajar primero empezó como chofer y después con el pasar de los tiempos se compro una movilidad que entro a una empresa de radiotaxi para tener más seguridad y poder tener más clientes y contratos de recojo escolar o de otros servicios.

Gracias a la ayuda de su padre y a la de Luis su madre salió adelante y ahora se encuentra muy bien de salud y ella ayuda moralmente a Luis para poder volver a la universidad y empezar su carrera ya que ella se sentirá muy orgullosa de él, al ver que término y cumplió con sus sueños.

Luis solicita el crédito para poder comprar un tanque de gas a su vehículo y de esa manera poder tener más ingresos y el desea en futuro terminar la carrera y poderle comprar una casita a su madre ya que aun viven en la casa de su abuela, cosa que no es muy cómoda para ella.

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
  • 113
    View loans »
    Bolivia Loans Fundraising
  • $29,159,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Pedro Luis buy a tank of natural gas to install in his car.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 26, 2012