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Juan
Juan is a young, hardworking man. He’s 31-years-old and currently lives in his mother’s house. He comes from a poor family that emigrated more than ten years ago from the Kami mine. Due to life’s fate, his father died leaving his mother widowed and since then she was left in charge of the children. This is why Juan had to strive mightily to get ahead; he had to work and go to school at the same time. Today, he owns his electronic fuel injection repair shop where he works repairing vehicles with electronic parts of which there are many nowadays. Because of the advances in technology and the type of work Juan does, he must constantly upgrade his work tools which is why he needs this loan. His shop is located in the city of Quillacollo-Cochabamba and he’s very well-known for the quality of his work and his availability to be able to help vehicles that break down on the highway.
View original language description ↓
Juan es una persona joven y muy trabajadora, tiene 31 años de edad y actualmente vive en la casa de su madre, proviene de una familia pobre que emigro hace mas de 10 años de la mina Kami, que por razones de la vida, murió su padre y quedo viuda la madre, desde ahí la madre se hizo cargo de sus hijos. Es por esto que Juan tubo que muchísimo esfuerzo para superarse, donde tuvo que trabajar y estudiar a la vez, hoy en día cuenta con su propio taller de inyección electrónica donde se dedica a la reparación de vehículos con partes electrónicas que hoy en día existen varios por el tipo de trabajo y el avance en la tecnología Juan tiene que renovar constantemente sus herramientas de trabajo por el cual el necesita un credito, el taller esta ubicado en la ciudad de Quillacollo-Cochabamba, donde es muy reconocido por la calidad en su trabajo y su disponibilidad de tiempo para poder auxiliar a los vehículos varados en la carretera.

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
  • 188
    View loans »
    Bolivia Loans Fundraising
  • $30,889,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Juan to buy work tools.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013