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Edwin Erick
Edwin and Monica have been married for 9 years and have 2 daughters. The family lives in Villa Paraiso, some 15 minutes from the Plan 3000 zone and 45 minutes from the city. They survive on the earnings of the head of the family, Edwin, who offers transport services, using his own vehicle, as a taxi driver. Since his daughters are in secondary school, the costs continue to increase and the income of a taxi driver is insufficient, at times. They have to refrain from buying some things and postpone paying for other expenses.

The problem is that Edwin's taxi is damaged and since it is his only source of income, this affects his ability to sustain his family. In order to be able to do so, he needs to repair his vehicle, so that he can improve his family's quality of life.
View original language description ↓
El señor EDWIN y la señora MONICA son casados desde hace 9 años y tienen dos hijas, esta familia vive en la villa paraíso a unos 15 minutos de la zona del plan 3000 y a 45 minutos de la ciudad ellos viven de el sustento de el jefe de familia que se dedica al servicio de transporte trabajando con su propio vehículo como taxista y como sus hijas ya están en cursos superiores los gastos son cada vez mas fuertes y el ingreso de taxi no alcanza a veces para algunas cosas y así se tienen que privar de algunas cosas que comprar y gastos que tiene que realizar que se tienen que esperar y con el problema de que su vehículo que se ha dañado la única fuente de ingresos se ve afectada para seguir sustentando a su familia para poder arreglar su vehículo es lo que necesita y así poder sustentando a su familia y poder mejorara su calidad de vida de esta familia.

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

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,200 helped Edwin Erick to repair his taxi, in order to support the family.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Covered
Expired:
Oct 10, 2012