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José
José is not married. He lives by himself in the neighborhood Luis Soruco Barba village, in the First of May area. He has worked for 10 years as a taxi driver. José owns his own house that he worked very hard to build himself. For this reason, the construction is uneven in some rooms of the house. The vehicle he works out of is old and needs some maintenance and repairs done. That is why he is requesting this loan.

José will use this loan to replace the engine of his vehicle and do some other reparations so that, in this way, he will be able to work in peace, without any mechanical breakdowns. He will be able to work more smoothly, improving his quality of life and increasing his earnings. This will give José financial stability and a better life. His truck is his work partner, and the repairs he does will help him to get ahead.
View original language description ↓
El señor José es soltero vive solo en el barrio Luis Soruco Barba zona de la villa 1ero mayo él es una persona sola y tiene un vehículo con el cual trabaja desde hace 10 años como taxista, en la casa que vive es propia y que se ha podido hacer con mucho esfuerzo y con sus propias manos por este caso la construcción es desigual en algunos cuartos, el vehículo con el que trabaja es antiguo y necesita mantenimientos y reparaciones es por este motivo que el necesita el crédito para poder cambiar el motor y así hacerle algunos arreglos más y así poder trabajar tranquilo sin desperfectos mecánicos, y así poder trabajar sin sobresaltos, mejorando su calidad de vida, mejorando sus ingresos y así podrá tener una estabilidad económica para poder vivir mejor, el trabajo que realiza le ayudará a salir adelante en esta vida solitaria que tiene y la única forma es ayudando a su compañero de trabajo que es su herramienta de trabajo (su vehículo).

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped José to buy a new engine for his vehicle.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014