They currently live in the city of Cochabamba. They live in his brother’s house. They live in only one room, where five people are suffering a great deal due to how uncomfortably they are living.
Therefore, the loan is for the finishing construction work on his small house. With his savings he has managed to buy a plot of land in a place away from the city. Little by little he has managed to complete the initial work.
One of his main goals is to finish building this house so that they can live more comfortably and in their own house. Another of his goals is to continue working hard in order to give them a better standard of living.
Entre sus metas principalmente esta termina de construir su casa para que de esta manera puedan vivir en su casa propia y más cómoda, y seguir trabajando duro para darles un mejor nivel de vida.
About CIDRECIDRE 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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