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Jose Miguel
The client, Jose Miguel, is 25 years old and is from Cochabamba, Bolivia. He studied up to the primary level in a public school but he didn’t finish school because his parents had financial difficulties. He began working as a taxi driver at a very young age. He does not have his own home and had been renting for several years. Then he met Neysa and has been living with her for five years. They have two small children that attend the public school in the Sacaba area. The live in his in-laws’ home in Sacaba-Cochabamba where they share the household expenses. Two years ago, he bought a trufi (15 passenger van that travels a set route) and works the 233 trufi line. He works from Monday to Saturday and his vehicle has a thirteen passenger capacity. His wife breeds and sells pigs. The purpose of the loan he is requesting is to expand the pig farm so that they will have better income and improve their lifestyle.
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El cliente es Jose Miguel tiene 25 años, de la ciudad de Cochabamba - Bolivia, estudio hasta el nivel primario en una escuela fiscal, no termino el colegio por problemas económicos de sus padres, empezó a trabajar de chofer de taxi desde muy joven, vivió en alquiler por varios años debido a que no cuenta con casa propia. Conoció a la señora Neysa y ahora convive con ella hace mas de cinco años, tienen dos hijos pequeños que estudian en un colegio fiscal de la zona de Sacaba, viven en la casa de sus suegros en Sacaba-Cochabamba, colaboran con los gastos de la vivienda. Hace dos años se compro un trufi con el cual trabaja en la línea de trufi 233, trabaja de lunes a sábado, su vehículo tiene capacidad para llevar a 13 personas. Su esposa se dedica a la cría y venta de chanchos. El crédito que solicita es para la ampliación de criaderos de chanchos para así tener mayores ingresos y mejorar su estilo de vida.

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

  • $5,500
    Average annual income
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Jose Miguel expansion of pig farm.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 25, 2012