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Patricio
Patricio is 27 years old and has been living with Claudia for more than 3 years. Both received primary education. They have 3 dependent children, two of whom are going to school. The family lives in an isolated rural community, 11km north of Colomi. The economic activity of Patricio and his wife is agriculture. They sell potatoes, ulluco (a potato-like tuber, grown in Andean regions), beans and oca (an Andean root vegetable). This provides the financial support required to educate and feed their children.

They are requesting a loan to build their own house, as at the moment they live in a friend’s house. Their dream is to have their own home. They have invested their savings in agricultural supplies and so need a loan. They are very enthusiastic about starting the building work on their new house as they have always dreamed of living in their own home.
View original language description ↓
El Señor Patricio de 27 años de edad conviviente más de 3 años con la señora Claudia, ambos con una instrucción de nivel primario, tienen 3 hijos dependientes de los cuales estudian 2, la familia vive en una comunidad rural lejana a 11 km hacia el norte de Colomi. Don Patricio y su esposa cuentan con una actividad económica la agricultura, vende papa, papaliza, haba y oca de esta forma ellos mantienen económicamente a sus hijos en su estudio y su alimentación, ellos necesitan un crédito para construir su propia vivienda ya que actualmente viven en un domicilio de un amigo y su sueño es tener su propia vivienda y por este motivo necesitan un préstamo ya que el ahorro que tenían invirtieron en compra de insumos agrícolas. Ellos están muy entusiasmados por iniciar la construcción de su nueva vivienda porque siempre soñaron en vivir en una casa propia.

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
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Patricio to build a house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 17, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014