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Mario Clemente
Mario is very hardworking person according to his neighbors, he lives with his common law partner and has four children, he rents a room in Ivirgarzama, each day he goes to work from 5 AM to 11 PM, depending on how time gets in the way. The motorbike taxi transporting association called "August 2nd", to which he has belonged to for 15 years, it has different stops areas where people go to request taxi service, the day when he is the busiest is Sunday, because it's a holiday and a lot of people go by his area, this is a good day for income, to get started with this activity he bought a used motorbike which he now wants to replace for a new one that will give him less problems, for this reason, he came to our office to request a loan, this will help him have less expenses because he won't need to go to the repair shop which was reducing his income.
View original language description ↓
El Sr. Mario es una persona muy trabajadora indican sus vecinos, vive en concubinato y tiene cuatro hijos, alquila un cuarto en Ivirgarzama para vivir, cada día ingresa a su trabajo a las 5 de la mañana hasta las 11 de la noche, dependiendo de las impertinencias del tiempo, la Asociación de transporte Moto Taxi " 2 de Agosto", a la cual esta afiliado hace 15 años cuenta con diferentes paradas, donde la gente acude a solicitar este servicio, el día que trabaja mas es Domingo, porque en la zona es día de feria y transita muchísima gente, este día es donde tiene buenos ingresos, para iniciar esta actividad, se compro una motocicleta de medio uso, ahora quiere reemplazar su herramienta de trabajo por una nueva que le dará menos problemas, por tal razon, es que se apersono a nuestra oficina para solicitar un credito, esto le ayudara a tener menos gastos, debido a que no necesitara contar con los servicios de un mecanico lo que le resta sus ingresos.

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
  • 239
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,000 helped Mario Clemente to buy a motorbike to use it as a taxi.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Covered
Expired:
Aug 26, 2012