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Freddy is 42 years old. He is a humble and hard-working person. He lived with his parents, who supported him with his studies. He studied Agronomy, but he is not working in his professional field because he did not have a good income from that activity. He is married to Elizabeth, with whom he has 3 small dependent children, who are in primary school. They currently live in a house in an anticrético [a legal arrangement in Bolivia whereby the tenant provides a loan to the landlord in lieu of rent] in the Coronilla zone of Cercado de Cochabamba, Bolivia. This zone is known for being dangerous, but it is the only area where he is able to pay the anticrético. Currently, the borrower operates a tire repair shop, where he works from Monday through Saturday from 8 a.m. to 6 p.m. As a secondary activity he sells lubricants. The loan he is requesting is to buy lubricants for his secondary activity. This will permit him to have a better income and thus save up in the future to look for a better place to live.
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El señor Freddy tiene 42 años, es una persona humilde y trabajadora, vivió junto a sus padres, los cuales le colaboraron con sus estudios, estudio la carrera Agronomía, pero no ejerce su profesión debido a que no tenia buenos ingresos de esa actividad, esta casado con la Sra. Elizabeth, con la cual tienen 3 hijos pequeños dependientes que estudian en el nivel primario, actualmente viven en una casa en anticrético en la Zona de la Coronilla del Cercado de Cochabamba - Bolivia, esta zona se caracteriza por ser peligrosa, pero es la única zona donde el cliente tiene la capacidad de poder pagar el anticrético. Actualmente el cliente tiene su Gomería donde trabaja de lunes a sábado desde las 8:00 am - 18:00 pm. Como actividad secundaria tiene la venta de lubricantes; El crédito solicitado es para la compra de lubricantes para su actividad secundaria, esto le permitirá al cliente tener mejores ingresos y así en futuro ahorrar para buscar un mejor lugar para vivir.

Additional Information


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
  • 164
    View loans »
    Bolivia Loans Fundraising
  • $33,362,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,500 helped Freddy to buy lubricants to sell.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Dec 1, 2012
Currency Exchange Loss:
Dec 31, 2012