Check out some available loans that are similar to this one!
Mario
The member Mario is from a poor family. Two years ago he was working as a municipal policeman dependent on the honorable municipal city council of the city of Tarija. A father of 4 children, he morally and financially supports his wife, who makes traditional food. The member helps her in the evenings to cook. As they are residents of the city of La Paz, it was very hard to win over customers, but now she has enough customers who like the dishes prepared by her, however, economically they still need to be settled. So they bought a vehicle to use as public transport and earn extra income for their family. For this reason he is asking for a loan in order to repair his car and then entrust it to a trust-worthy driver who can work regularly every day of the week, which greatly favors the member as his income will increase and he will be able to offer his family a better status in life.
View original language description ↓
El cliente Mario es de familia humilde, hace dos años que trabaja como policía municipal dependiente de la honorable alcadia municipal de la cuidad de Tarija, padre de 4 hijos a quienes apoya moral y económicamente junto con su esposa, quien se dedica a la preparación de comida tradicional, el cliente es quien le ayuda por las tardes a cocinar, como son residentes de la ciudad de la paz, les costó mucho trabajo poder ganar clientes, pero actualmente tiene bastantes clientes que gustan de sus platos que prepara la cliente pero económicamente les falta aún establecerse. Por ello compraron un vehículo para hacerlo trabajar como transporte público y obtener un ingreso extra para su familia. Por ello presento una solicitud de crédito para poder refaccionar su automóvil y así darle a un chofer de su confianza que lo pueda trabajar de manera regular todos los días de la semana, lo cual favorece enormemente al cliente ya que sus ingresos se incrementaran y podrá ofrecer un mejor estatus de vida a su familia.

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
  • 200
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Mario to repair a vehicle used for work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012