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Briam
Briam is a young man and is single. He has no partner, and has no children or dependents. He finished school and was studying for a university entrance exam. However he was not able to complete this part of his studies due to a lack of economic resources and the poor company he kept who advised him badly. He lives with his parents who decided that they would no longer support him financially, so that he would become more independent. At present he lives in a room that they have given him in the Maica area, in Cochabamba.

His main source of income comes from carpentry (making tables, chairs, wardrobes, desks, etc.). He works from Monday to Saturday and he also helps his mother to feed her dairy cows in the evening time. This is her main work activity. He has requested the loan to buy carpentry tools which will enable him to make these different pieces of furniture. Moreover in the future he hopes to save money in order to open his own carpentry workshop.
View original language description ↓
El joven Briam, es soltero, no tiene conviviente y tampoco hijos ni dependientes, termino el colegio y estaba estudiando para dar el examen de ingreso de la universidad pero no logro terminarlo por falta de recursos económicos, además de malas compañías que no le aconsejaron bien, vive junto a sus padres, los cuales decidieron quitarle la ayuda económica para que su hijo fuese mas independiente. Actualmente vive en una pieza que le dieron sus padres en la zona de la Maica - Cochabamba. El cliente tiene como actividad principal el ingreso por trabajos en carpintería (mesas, sillas, roperos, escritorios, etc.), trabaja de lunes a sábado y también colabora por las tardes con la alimentación del ganado vacuno ya que la producción de leche es la actividad principal de la mama. El crédito solicitado es para la compra de herramientas de carpintería que le permitirán fabricar los diferentes muebles, además que en un futuro piensa ahorrar para abrir su propia carpintería.

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
  • $28,957,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Briam to buy tools.
77% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A