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Fernando
Fernando owns a grocery store and it is his only generator of income to help him subsist. For that reason, the sole means of improving his quality of life is to resupply his small grocery store. Since it is in a strategic location, it can count on an elevated demand for what he stocks.

Fernando needs to request a loan to be able to improve his business. He is a very enterprising person who wants people to have confidence in him and he wishes to demonstrate that he can respond in a responsible way.
View original language description ↓
El Sr. Fernando cuenta con una tienda de Abarrotes, la cual es su única fuente generadora de ingresos que le ayudan a subsistir , por tal motivo la única manera de mejorar su calidad de vida es surtir su pequeña tienda de abarrotes ya que por estar en un lugar estratégicos cuenta una elevada demanda por lo tanto hemos el cliente ha tenido la necesidad de solicitar un crédito para poder mejorar su negocio . Fernando es una persona muy emprendedora que desea que la gente confíe en el para poderles demostrar que puede responder de forma responsable.

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
  • 230
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fernando to restock and improve his grocery store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2011
Listed
Nov 10, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013