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Reynaldo
Sr. Reynaldo is a very hard-working person. He is 26 and has one dependent under his care. He works as a master builder. His work is dangerous, but it is the only way that he can get his family ahead. He also works on power lines, which is known to be one of the most dangerous jobs available. Reynaldo needs a loan in order to finish building his home, which he has managed to build through great sacrifice. With this loan, he will be able to build a wall. This way, his little son will be able to grow in a safe environment. Reynaldo is very excited to be able to keep working on building his home. For the future, he plans to get the paperwork for his home in order for the sake of his son's security.
View original language description ↓
El Sr. Reynaldo, es una persona muy trabajadora, tiene un dependiente bajo su cuidado, él tiene 26 años de edad. Trabaja como maestro albañil su trabajo es peligroso, sin embargo es el único sustento que tiene para poder sacar adelante a su familia. También trabaja en el armado de torres eléctricas trabajo que está catalogado como uno de los más peligrosos. Reynaldo necesita un préstamo para poder terminar de construir su vivienda que con tanto sacrificio ha logrado edificar el mismo. Con esto podrá contar con una muralla para que su pequeño hijo pueda desenvolverse y estar en un lugar seguro. Él está muy emocionado de poder continuar con la construcción en su vivienda y más adelante también tiene planeado regularizar los documentos de su vivienda y así tener todo en orden por la seguridad de su hijo.

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

  • $2,817
    Average annual income
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Reynaldo to build a home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015