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Miguel Angel
Miguel and Roxana are a family with four children. Miguel works in the transportation business, working for a taxi company. His taxi route operates in the Fortaeza neighborhood. This area is located in the southern side of the city. This is fifteen minutes from where they live. He has worked in this area and this line of work for the past 10 years. The expenses generated by supporting his four children make the financial situation very difficult. He can only make enough money to buy daily bread, but not much else.

Miguel needs money to repair his taxi, which is in bad shape and deteriorated. The money he earns is barely sufficient to feed his family. with a repaired vehicle he will be able to improve his quality of life.
View original language description ↓
El señor Miguel y la señora Roxana son una familia con cuatro hijos el señor se dedica al servicio de transporte trabajando en una línea de taxitrufis de la ruta de la zona del barrio fortaleza esto queda en la zona sur de la ciudad zona donde ellos viven que esta a 15 minutos de la ciudad él trabaja desde hace 10 años en la zona y en este rubro los gastos de sus cuatros hijos hacen que la situación sea difícil de sobre llevar lo cual provoca que apenas se gane el pan del día a día para poder vivir pero en condiciones no muy normales, el señor miguel necesita dinero para que pueda arreglar su vehículo ya que esta un poco mal y deteriorado y con lo que gana apenas le alcanza para comer y al mejorarse vehículo podrá arregla su calidad 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
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Miguel Angel repairs to his taxi.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2014