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Nicolas
Nicolas, according to his neighbors' references, is a tranquil and hardworking person. He has a primary-school education and couldn't pursue his studies because financial problems forced him to look for work. He has been separated from his ex-wife for more than 15 years, which led him to come to the city looking for better opportunities. Since then he has worked as a printer for a well-known publication. He currently is renting and does not own his home, but he hopes to be able to buy one in the not-too-distant future because he has the goal of forming a new family. He is requesting the loan to open a fast-food business, since he made a living in the business years ago. He tells us that his experience is such that with the loan he can purchase a deep-frier and make a good income putting it to use. This will help him gain a more dignified life and he can feel more satisfied with what he has achieved.
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El señor Nicolas, según referencias de sus vecinos e inquilinos, se pudo afirmar que es una persona tranquila y trabajador, curso hasta la primaria, no pudo concluir el bachillerato por problemas económicos, viéndose en la necesidad de buscar trabajo y por tanto dejar de lado los estudios; actualmente está separado por más de 15 años de su ex esposa, es por ese motivo que llega a la ciudad en busca de mejores oportunidades desde entonces trabaja como impresor en un periódico de renombre, actualmente el Sr. Nicolás vive en condición de alquilado, no cuenta con una casa propia, lo que espera que a un futuro no muy lejano pueda comprar ya que tiene la esperanza de formar una nueva familia por esa razón solicita el crédito con el fin de poder emprender un negocio el de la comida rápida que este deseaba volver a emprender ya que hace años se dedicaba a esta actividad y nos comenta que tiene experiencia en el mismo es así que con el crédito otorgado pretende comprar una brostera ya que este espera tener buenos ingresos por la comercialización de este; ayudando así a poder llevar una vida más digna y de esa forma sentirse más satisfecho de haber logrado lo que quiso.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,450 helped Nicolas to purchase a deep-frier to make fried chicken.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 5, 2012