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Eloy
This client is a young person who is single and has no children. He completed a technical course in automobile mechanics. He provides repair services in order to earn an income to support himself. The client has a permanent staff and he performs his work in a shop that has the primary tools necessary to develop his business. He has worked as a mechanic for nine years. He started out as an assistant, but now he has his own shop. The experience he possesses helps him to gauge the market in which he works. Even though he keeps no written records of his expenses and revenue, the CIDRE staff was able to verify the source of his income through an on-site visit and interview.


The client wants to acquire more auto repair equipment so that he can provide better service.

View original language description ↓
El cliente es una persona joven, es soltero y no tiene hijos, realizó un curso de Mecánica automotriz a nivel técnico medio. El servicio de mecánica, le genera un ingreso que le ayuda a sustentarse, cuenta con un personal fijo, el trabajo que realiza es local, y cuenta con herramientas principales para desarrollar su actividad.
Hace 9 años que trabaja como mecánico, inicio como ayudante, ahora ya tiene su propio taller, la experiencia que tiene, ayuda a conocer bien el mercado para el cual trabaja, no lleva registro escrito de sus egresos e ingresos, pero se verificó la fuente de sus ingresos económicos en la visita y entrevista realizada. El cliente desea implementar mas herramientas para mecanica automotriz y asi poder dar un mejor servicio.

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,613,975
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Eloy to acquire additional auto repair equipment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013