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Felix Marcial
Sr. Felix is 39 years old and lives in the District of Puntiti, which is six kilometers from the city of Cochabamba. He resides there with his family, which consists of his wife Matilde and their three children (ages 14, 9, and 6). His children attend elementary and high school, respectively. Felix works as a bricklayer throughout the year and has been in this profession for more than 20 years. He works on various construction jobs in different areas of the city and in other provinces.

His wife Matilde manages a grocery store located in their home so that they can grow financially. They bought a plot of land and now have two rooms, so they need capital to invest in inventory for their store. This will enable them to keep growing so that they can finish the construction of their home. At the moment, they are working hard in order to improve the living conditions for their children.
View original language description ↓
EL SEÑOR FELIX TIENE 39 AÑOS DE EDAD, VIVE EN LA ZONA DE PUNTITI A 6 KILOMETROS DE LA CIUDAD DE COCHABAMBA CON SU FAMILIA QUE ESTÁ COMPUESTA POR MATILDE SU ESPOSA (APARECE EN LA FOTO) Y TRES HIJOS DE 14, 9 Y 6 AÑOS, LOS HIJOS SON ESTUDIANTES DE ESCUELA Y COLEGIO RESPECTIVAMENTE, ÉL ES ALBAÑIL DE OFICIO TODO EL AÑO, TRABAJA HACE MÁS DE 20 AÑOS, TRABAJA EN DIFERENTES OBRAS DE CONSTRUCCIÓN EN DIFERENTES ZONAS DE LA CIUDAD Y PROVINCIAS, MATILDE ES LA QUE ATIENDE LA TIENDA DE ABARROTES Y LA CASA QUE ESTÁ UBICADA EN SU PROPIA VIVIENDA. DE ÉSTA MANERA HAN PODIDO CRECER ECONÓMICAMENTE Y COMPRAR EL LOTE EN EL QUE AHORA TIENEN DOS HABITACIONES, NECESITAN CAPITAL DE INVERSIÓN PARA SURTIR LA TIENDA Y SEGUIR CRECIENDO PARA TERMINAR DE CONSTRUIR LA VIVIENDA QUE AL MOMENTO SÓLO SE ENCUENTRA EN OBRA GRUESA, Y MEJORAR SUS CONDICIONES DE VIDA PARA SUS HIJOS.

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
  • 76
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Felix Marcial to buy merchandise to sell in his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013