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Jacobo
Jacobo is a bricklayer. He is married and has four children. He is supporting only two of them since the two oldest have their own economic activities and don't need his support. He does give them moral support with problems that come up. He has been doing his activity for more than 23 years. It was diffiicult for him to get ahead and acquire his own home, but with the joint effort of him, his children and his wife, they were all able to build some rooms and live more comfortably. Thanks to the work he did in different places around the city of Tarija, he became known by various people who even today need him for jobs related to civil construction. That is why he is asking for the loan, to buy more work tools so he can develop his activity in a more efficient way. He doesn't have a lot of struts and this slows him down a little with the punctuality of his work. That is why he wants to improve and offer his family a higher status of life.
View original language description ↓
El Sr. Jacobo, de Profesión Albañil, Casado y tiene cuatro hijos a los cuales solo a dos les apoya económicamente ya que sus dos hijos mayores tiene su propia actividad económica por lo que no necesitan apoyo económico pero si les ayuda moralmente con algunos problemas que se les presenta. Hace mas de 23 años que desarrolla su actividad, le costó salir adelante y poder adquirir su propia vivienda que con el esfuerzo conjunto de sus hijos y esposa pudieron construir algunos cuartos para que puedan vivir mas cómodos, pues gracias a los trabajos que el cliente realizo en diferentes lugares de la ciudad de Tarija, fue conocido por varias personas quienes hasta el día de hoy le requieren para algún trabajo relacionado a la Construcción Civil, por ello solicita el crédito para la compra de más Herramientas de Trabajo para que de esa manera pueda desarrollar su actividad de una manera mas eficiente ya que no tiene una gran cantidad de puntales y eso hace que se retrase un poco con la entrega puntual de sus obras por lo que quiere mejorar y poder ofrecer a su familia un mejor estatus 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
  • 174
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jacobo to buy tools for his work as a bricklayer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013