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Josue Manuel
Josué Manuel is 29 years old and finished high school but he was not able to get into university due to lack of financial resources and orientation, since he had bad influence from his friends. He began working as a mason’s assistant because he didn’t have experience in any trade. He later learned to drive and got his license to work as a driver and drives for his uncle. At the same time he does auto repair work with his uncle in the evenings and promotes events in the mornings. He currently lives in a rented home in the Pacata Alta - Cochabamba- Bolivia zone. He’s single and has no children. He will use the money from this loan to buy a compressor to do auto repair work, since he plans to focus on that in the future.
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El cliente es el joven Josué Manuel, tiene 29 años, culmino con sus estudios en el colegio, pero no pudo ingresar a la universidad por falta de recursos económicos por parte de sus padres y por falta de orientación, ya que tuvo una mala influencia de sus amigos. Empezó a trabajar como ayudante de albañil ya que no tenía experiencia en ningún rubro, posteriormente aprendió a conducir y saco su licencia de conducir para trabajar como chofer del vehículo de su tío al cual actualmente se dedica, paralelo a su actividad trabaja de chapero junto a su tío, donde trabajan por la tarde ya que por la mañana el tío trabaja como promotor de eventos. El cliente actualmente vive en alquiler en la zona de Pacata Alta - Cochabamba- Bolivia, es soltero y no tiene hijos. El crédito solicitado es para la compra de una compresora para la chapería, ya que en un futuro piensa dedicarse solamente a esa actividad.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Josue Manuel to buy a compressor.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015