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Armando Alberto Pedro
Armando is 46 years old and lives in "San Juan de Dios” development, in the western part of the city of Cochabamba. He lives in a rental house together with his two children who are still financially dependent on him, and his mother.

Armando works as an accounting assistant in a cleaning company. His second business activity is running a radio taxi. He does this work at night since he needs to pay for his mother's medicines and also those of his son who had an accident which left him with no movement in his legs. He has to undergo physiotherapy sessions which are very expensive. Armando has to make twice as much effort since the mother of his children abandoned them when they were very young and, from that moment on, he became solely responsible for the education, care and future of his children, in addition to taking care of his mother.

Armando is requesting this loan to buy a natural gas tank for his vehicle since this will enable him to make more income and his fuel costs will drop considerably. This means he will be able to transport more passengers. Armando is a very responsible and hard-working person. He dreams that his son will be able to walk again and that both of his children will finish degree courses since that is something he could not do. He is trying to provide both of his children with a better future.
View original language description ↓
El Señor Armando tiene 46 años de edad vive en la urbanización “San Juan de Dios” en la zona oeste de la ciudad de Cochabamba, con sus dos hijos que aun dependen económicamente de su trabajo y su madre que también vive con ellos en una casa en alquiler.
Armando trabaja como auxiliar de contabilidad en una empresa de limpieza y como segunda actividad tiene un radiotaxi donde realiza su trabajo en horario de la noche, ya que tiene que pagar los medicamentos de la madre y su hijo que tuvo un accidente que lo dejo sin movimiento en las piernas y tiene que realizar fisioterapias que son muy caras es por esa razón que el Señor Armando tiene que hacer un doble esfuerzo ya que la madre de sus hijos los abandono cuando ellos eran niños y desde ese momento solo él se hizo cargo de la educación el cuidado y el futuro de sus hijos y de su madre.
El solicita el crédito para compra de un tanque de gas para su vehículo ya que con eso tendrá más ingresos y sus costos en combustible bajaran consideradamente y podrá realizar más servicios en el transporte de pasajeros, Armando es una persona muy responsable y trabajadora el sueña que su hijo vuelva a caminar y que los dos terminen una carrera ya que el no pudo hacerlo, trata de brindarles un futuro mejor para cada uno de sus hijos.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Armando Alberto Pedro to buy a natural gas tank for his vehicle.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 29, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 26, 2014