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Carlos
Carlos, 31, has lived in the tropics of Cochabamba for ten years now. He currently lives in a village called Entre Rios and he is originally from the Capinota province, department of Cochabamba. He had to move to the tropics looking for better life opportunities, because his hometown had a growing crisis: unemployment and bad crops because of the lack of rain.

Seeing that his income was not enough for surviving, and because his family is big, he realized there was an opportunity to look for a better future, and that was in the tropics of Cochabamba. Even though things were difficult the first few years, a close relative helped him and he made good friends. One of them lent him a motorcycle so that he could join a cooperative, have a stable income and stay solvent.

He is requesting a loan to build his own house.
View original language description ↓
El cliente Carlos tiene 31 años y radica en el trópico de Cochabamba, desde hace 10 años. Actualmente vive en la población de Entre Ríos. EL cliente es de la provincia CAPINOTA del departamento de Cochabamba, tuvo que irse al trópico para buscar mejores oportunidades de vida, porque en el lugar de origen la crisis era cada vez mayor, falta de trabajo, malas cosechas, por escases de lluvia ya que sus ingresos eran insuficientes para poder sobrevivir y también eran muchos hermano en la familia, vio una opción de ver otros horizontes y uno de ellos fue el trópico de Cochabamba, aunque los primeros años fue difícil pero con esmero y muchos esfuerzo y con la ayuda de un pariente cercano, y poco a poco se hizo amigos y uno de ellos le facilitaron una motocicleta para que trabaje en la cooperativa, de esa manera podrá tener un ingreso económico, y ser mas solvente. Ahora el necesita un préstamo para empezar a construir su propia vivienda.

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
  • 189
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Carlos to build his own house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 1, 2014