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Carlos Edgar
Carlos, a client of CIDRE, is a humble and hardworking young man who is 24 years of age. He lives in one of the poorest neighborhoods of Cochabamba, which is 20 minutes away from the city. This area is very dangerous and lacks public services. Nonetheless, Carlos and his siblings have decided to pursue a different path in life. When he was 16 years old, his father died of septic shock. His mother died in an automobile accident in 2004.

Carlos now plays in a mariachi band since he showed an affinity and talent for music at a young age. He plays different instruments such as the guitar, “guitarrón” (a folk guitar with 25 strings), trumpet, violin, and vihuela (another traditional stringed instrument) for various mariachi groups in the city of Cochabamba and in the heartland of Bolivia. Carlos and his siblings have been able to move forward. Now he needs sound equipment so that he can continue to play and generate more income. This is the reason why he is requesting this loan.

View original language description ↓
Carlos, nuestro cliente, es un joven humilde y trabajador de 24 años de edad. Vive en uno de los barrios más pobres de Cochabamba, a 20 minutos de la ciudad, en una zona muy peligrosa y de deficientes servicios públicos; sin mbargo, él decidió cambiar de camino junto a sus hermanos, pese a que cuando tenía 16 años su padre murió de un shock séptico y su madre murió en un accidente automovilístico en 2004. Ahora se dedica a tocar música mariachi, ya que desde niño tenía una afinidad y facilidad para la música. Toca diversos instrumentos musicales, como la guitarra, el guitarrón, la trompeta, el violín y la biwela en diversos grupos de mariachis en la ciudad de Cochabamba y en el interior de Bolivia. El junto a sus hermanos salieron adelante; ahora necesita de un equipo de sonido para poder tocar y ganar más ingresos, motivo por el cual solicita el presente crédito.

Additional Information


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
  • 146
    View loans »
    Bolivia Loans Fundraising
  • $33,337,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Carlos Edgar to buy sound equipment.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 16, 2012
Jun 30, 2012
Currency Exchange Loss:
Aug 19, 2013