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Arturo
This client, Arturo, is a 46 year old man. He is married and works as an elementary school teacher at a school in the city of Cochabamba. Right now he lives in an area west of the city, about 10 km from the city of Cochebamba. He doesn't own the house he lives in and rents it with his wife. They have two dependent children and the new loan from the institution will be used to do some repairs on it. It has a lot of wear and tear from the passing of time. Humidity from the constant rains in the city has damaged the lower part of the walls in the house. It is rainy season and the house needs maintenance. This will bring them peace of mind during the rainy season.
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El cliente, Arturo, es un señor de 46 años de edad, está casado el cliente trabaja como profesor de primaria en una escuela lejana de la ciudad de Cochabamba, actualmente el cliente vive por la zona oeste de la ciudad, aproximadamente a 10 km de la ciudad de Cochabamba, la casa donde vive el cliente no es propia, el cliente vive con su esposa en alquiler, ambos tienen 2 hijos dependientes y el destino del nuevo crédito de la institución es para la refacción de vivienda, la cual ya está muy desgastada por el transcurso del tiempo, la humedad que causo en la parte inferior de las paredes de la vivienda por las lluvias constantes en la ciudad, ya que es la época del tiempo y la vivienda ya necesita hacer el respectivo mantenimiento, esto les brindara tranquilidad en las épocas de lluvia.

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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $29,549,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Arturo to some home repairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013