Esteban is a native of the community of Toracari, 170 kilometers from the city of Cochabamba, to the north of Potosí. He currently lives in the city of Cochabamba with his four children who he is in charge of. He lives in a place that he rents in a private home. He has made a living providing masonry services for a wage of 125 per day, for the past four years. His wife works as a domestic employee. The loan Esteban is requesting is for practical purposes: to purchase a cement mixer to be able to increase his work output, particularly so that he can raise his income in the next few years working individually. He states that previously they lived in communities where there was extreme poverty, which is why they have migrated to the division of Cochabamba to look for work, and so he could work as an assistant mason.
El señor Esteban es natural de la comunidad de Toracari a 170 km de la ciudad de Cochabamba al norte de Potosí, actualmente vive en la ciudad de Cochabamba con sus cuatro hijos viven a su cargo de él, vive en un vivienda en alquiler en una casa particular. La actividad a que se dedica es la servicio de albañil hace 4 años, su esposa trabaja de servicio de empleada domestica, la señor prácticamente el crédito que está solicitando es para comprar una mezcladora de cemento para poder incrementar trabajar particularmente de esa manera incrementar su ingreso en los próximos años trabajando individualmente. El cliente manifiesta anteriormente vivieron en sus comunidades que hay una extrema pobreza es por esta razón han migrado a departamento de Cochabamba a buscar trabajo y trabajando de albañil ayudante.
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.