Check out some available loans that are similar to this one!
Edwin

Update on Edwin

Edwin is single and does not have children. He came from La Paz 11 years ago with his family. He now has a snack bar which is one of busiest in his neighborhood.

The current loan will be used to buy chairs, tables and a refrigerator for his snack bar and as such be able to offer better service to the customers of his locale. This allows him to improve his income, his own quality of life and that of his siblings.

Edwin comments that with the previous loan he achieved the desired expectations. It went very well for him and is encouraged to be able to continue growing. He gives many thanks to Kiva for the opportunity provided to him to overcome everyday challenges.
View original language description ↓
El Señor Edwin, es soltero y no tiene hijos, el se vino de La Paz hace como unos 11 años con su familia, hoy en dia en cuenta con un SNACK que es uno de los mas concurridos en la localidad.
El destino del presente credito será la compra de sillas y mesas y una heladera para su SNACK y así poder ofrecer un mejor servicio a la gente del lugar y por defecto mejorar sus ingresos su calidad de vida de el y sus hermanos.
EL Sr. Edwin cometa que con al credito anterior cumplio con las espectativas deseadas le fue muy bien por eso se animo para poder seguir creciendo, y da muchas gracias a Kiva por la oportunidad que le brindan para poder superarse dia a dia.

Previous Loan Details

Edwin is a responsible person who has a small snack bar in Ivirgarzama. He is single and does not have children, but he has three siblings. He helps them out and supports their education. He came from La Paz 10 years ago with his family; he started as a bricklayer and construction day worker. ... More from Edwin's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $2,817
    Average annual income
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $28,957,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,025 helped Edwin to buy chairs for his snack bar.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Expired:
Aug 25, 2012
This photo was used before for a previous loan for Edwin. It was first posted on Kiva on Jul, 2011. Learn More