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Ivo Luigy
Ivo, age 47, is single. He does not have a life partner, children, or dependents. He completed school and was studying at the university. He was in his third year, but he did not manage to finish due to lack of financial resources. His father died from an illness, so he only completed the technical level.

He currently lives in the Zona Central in the Cochabamba department in Bolivia. He lives in the same house as his mother. He supports her and takes care of her.

He works as an owner in the urban transportion business. He works from Mondays to Sundays on different daily schedules. His main expense is paying for fuel and vehicle maintenance.

At the present time he and his mother only have two rooms and a small kitchen. Therefore, he is requesting a loan to expand his house in order to to make them both more comfortable.
View original language description ↓
El señor Ivo tiene 47 años, es soltero, no tiene conviviente y tampoco hijos ni dependientes, terminó el colegio y estaba estudiando en la universidad, iba en el tercer año pero no logro terminarlo por falta de recursos económicos ya que falleció el padre a causa de una enfermedad, solo termino a nivel técnico. Actualmente vive en la zona Central del departamento de Cochabamba - Bolivia, en la misma casa de su madre a la cual le mantiene y está a su cuidado. El solicitante trabaja en el servicio de transporte urbano como propietario, tiene 6 años de experiencia, trabaja de lunes a domingo, en diferentes horarios del día, su principal gasto es el pago de combustible y mantenimiento del vehículo. Actualmente el cliente y su madre solamente cuentan con dos cuartos y una cocina pequeña, por lo cual solicitan el crédito para ampliar su vivienda para tener una mayor comodidad para ambos.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $5,500
    Average annual income
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ivo Luigy to expand his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014