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Silvio Alejo
Silvio is 42 years old and lives in Chimoré, Carrasco province, Cochabamba. Silvio and his wife have lived together with their children in Chimoré for many years.

Silvio is a truck driver on a route that runs between provinces in the Tropic of Cochabamba area. Like many people, he works extra hours so that he can provide his family with a better standard of living. In an attempt to make more journeys, he suffered a traffic accident. As he was tired, Silvio fell asleep for a few moments on a return journey. Luckily, there were no personal injuries or material damage. However, he ended up in a ditch in the oncoming lane and his engine suffered a blow which left it seriously damaged. It managed to get him home but, shortly after, it stopped working. Silvio has other debts that he pays off each month. If he doesn't manage to fix his engine, he will be left without his main source of income and will fall further into debt.

Silvio's wife works as a seamstress and makes a low income. Right now, Silvio needs a small loan with interest that he can afford to pay so that he can restore his vehicle and thereby keep working. This will enable him to pay his debts and support his family as he has always done. For this reason, he came to us to request a loan because he found out about our Kiva loans. Silvio was very interested to learn about this type of loan and the fact that he could benefit from them.

Silvio hopes that his children will enjoy a better future. He also hopes to pay off his debts and offer his family a better quality of life.
View original language description ↓
El señor Silvio tiene 42 años de edad vive en el municipio de Chimoré provincia Carrasco de la ciudad de Cochabamba, él y su esposa junto a sus hijos viven hace muchos años en Chimoré,

Silvio es transportista de una línea interprovincial en el Trópico de Cochabamba, como muchas personas él trabaja en horarios redoblados para poder dar mejor nivel de vida a su familia y en el intento de poder realizar más viajes le ocurrió un accidente de tránsito , por motivos de cansancio Silvio quedo dormido unos instantes en un retorno de su viaje, afortunadamente no se registraron daños personales ni materiales, llego a encunetarse en el carril de venida con la salvedad que su motor sufrió un golpe que lo dejo con serios daños, solo le sirvió para retornar ya que en un tiempo se desestabilizo y dejo de funcionar, Silvio tiene otras deudas que paga mensualmente, si no arregla su motor se quedara sin su principal fuente de ingreso y en consecuencia se endeudara más.

Su esposa trabaja de costurera y con ingresos bajos; en este momento Silvio necesita un prestamos pequeño con interés que pueda alcanzar a pagar para poder rehabilitar su vehículo y así seguir trabajando para poder pagar sus responsabilidades y mantener a su familia como siempre lo hizo, por eso recurre a nosotros para solicitar un crédito ya que se enteró de los créditos Kiva y al señor Silvio le interesó mucho este tipo de crédito y de esa manera poder beneficiarse.

Silvio tiene la esperanza que sus hijos tengan un futuro mejor, pagar sus deudas y ofrecer un mejor nivel 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

  • $2,817
    Average annual income
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Silvio Alejo to buy an engine for his vehicle.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Mar 7, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014