Cristian has worked on vehicles for years. He has asked for the loan to be able to use it as working capital in his transportation activity. He hasn’t been able to gather the cash to improve his business which is why he came by looking for someone to help him. In this way he was offered a loan that will meet his needs, that he can repay in comfortable installments and which will help him with his transportation business. The vehicle he’ll repair will help him generate better income thus attaining a better, more proper life.
El señor Cristian, quien trabaja con vehículos desde hace años, ha solicitado el crédito para poder utilizarlo como capital de operaciones en su actividad de transporte. Él no ha podido reunir el efectivo para mejorar su negocio, por lo que se apersonó buscando alguien que le ayude; de ese modo se le ofertó un crédito que se adecue a sus necesidades, que pueda pagar en cuotas cómodas y que además le ayude en su negocio de transportista. El vehículo que reparará le ayudará a generar mejores ingresos y así conseguir una vida mejor y más digna.
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.