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Nelson
Nelson is a 36 year old man; he is married to Consuelo. Nelson works in security as a policeman, and he also earns extra income through his transportation service in the city of Cochabamba.

Currently, he loves in the western part of the city, approximately 7 kilometers from the city of Cochabamba. The house where he lives doesn’t belong to him; he rents it with his wife.

They have one dependent son, and the current loan will be used to refurbish the home that he has in the country and a roof for a shed for his cows, which by now is worn out from the passage of time and the moisture from the constant rain. The home needs comparable maintenance.

Nelson is very glad to be able to have this opportunity.
View original language description ↓
El cliente, Nelson, es un señor de 36 años de edad, está casado con la señora Consuelo. El sr. Nelson se dedica al servicio de seguridad como policía, y también genera ingresos extras con el servicio de transporte en la ciudad de Cochabamba, actualmente vive por la zona oeste de la ciudad, aproximadamente a 7 km de la ciudad de Cochabamba, la casa donde vive no es propia, vive con su esposa en alquiler, ambos tienen 1 hijo dependiente y el destino del presente crédito es para la refacción de su vivienda que tienen en el campo, (techo para tinglado para sus vacas), la cual ya está muy desgastada por el transcurso del tiempo y por la humedad de las lluvias constantes, y la vivienda ya necesita hacer el respectivo mantenimiento. El sr. Nelson se encuentra muy feliz de poder tener esta oportunidad.

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
  • $31,613,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Nelson to refurbish his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014