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Jannette
Jannette works buying and selling used motorcycles. She has been doing this for quite a while and has acquired experience in order to develop her business and it is successful. But she had to go through many circumstances in order to be able to establish herself in the economic activity she works in and thus to be able to achieve good holdings. Because her family had scarce resources and because of not having many job opportunities she has worked since she was very young in order to be able to help and support her family financially.

But with the thought of advancing and getting ahead more each day, she started a business to improve her life and to have a better life without having to do without necessities and this is why she is asking for a loan in order to be able to expand her work activity and thus be able to buy more motorcycles for resale.
View original language description ↓
La señora Jannette se dedica a la actividad de compra y venta de motos usadas , lo cual lo hace bastante tiempo y adquiriendo una experiencia para poder desarrollar y llevar bien su negocio , pero ella tuvo que pasar muchas circunstancias para poder establecerse en la actividad económica que desarrolla, y así poder lograr una buena economía , por que su familia es de escasos recursos y no habiendo muchas oportunidades laborales es que ella se dedica desde muy joven a trabajar para poder ayudar a sustentar a su familia económicamente pero con el pensamiento de seguir adelante y superarse cada día mas , se dedico al comercio para superarse en la vida y tener una vida mucho mejor sin tener que pasar necesidades , es que en ese sentido solicita el préstamo para poder ampliar mas su actividad económica y así poder comprar más motos para la venta.

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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Jannette to buy inventory for her business of buying and selling motorcycles.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014