Check out other loans that are currently fundraising!
Alvaro
Alvaro is 36 years old and lives in the municipality of Chimore in the province of Cochabamba. He is an engineer and supports himself by providing services especially on a large scale. Alvaro is a simple person and has always been accustomed to working in the country. His start in his profession did not go well as he had numerous setbacks and frauds on the part of companies who used him and then did not pay him in accordance with their contracts. Thus he had to learn from this experience to make the most of things. Now he has recovered, and is dedicating himself to a work of great scope. He heard about Kiva loans and therefore is requesting one to be able to buy a plot of land in order to establish himself without needing help from others. His dream is to have a full life with some savings in order to begin a family and have better days due to his own hard work.
View original language description ↓
El Señor Alvaro tiene 36 años de edad vive en el municipio de Chimoré del departamento de Cochabamba es ingeniero y vive del trabajo de sus servicios prestados en especial de gran magnitud. Alvaro es una persona sencilla y siempre estuvo acostumbrado a la labor del campo, no le fue bien al comienzo de la aplicación de su profesión ya que sostuvo varios contratiempos y fraudes por parte de empresas que lo utilizaron y no le pagaron lo que acordaban en sus contratos así tuvo que aprender y de esa experiencia sacar provecho de lo mas bueno aprendido, ahora el esta repuesto y se dedica a una obra de gran envergadura, se entero de los créditos Kiva por lo que solicita y así poder comprara un lote en el lugar donde trabaja para poder establecerse sin tener que acudir a la ayuda de ajenos, el sueña con tener una vida plena con algunos ahorros para formalizar una familia y tener días mejores gracias al esfuerzo de su actual trabajo.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Alvaro to buy land.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 13, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013