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Daniel
Daniel is a driver with 25 years experiences. He has two vehicles, and uses one to work as a taxi driver. He is applying for a loan because the car he uses for work has a fault and he had to fix it. Although it is now working, the car still has problems and he needs money to get the car into good shape. Daniel does not have enough resources and if he does not repair his taxi he will have financial problems to live. This loan will be a great help to him.
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El Sr. Daniel es transportista con una experiencia de 25 años, tiene 2 movilidades que con una de ellas trabaja como taxista, El motivo por el que solicita el crédito es por la razón de que sufrió un fallo de su motorizado con el que trabaja y tuvo que realizar reparaciones del mismo a pesar de aquello aún permanece con fallas en el buen funcionamiento y para ello requiere efectivo para dejar en buenas condiciones la movilidad. El Sr. Daniel no cuenta con recursos suficientes, ya que si no repara su taxi tendrá problemas económicos para subsistir y este crédito le será de gran ayuda.

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
  • 90
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Daniel to repair his taxi.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014