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Patricia Daniela
Patricia is a married 34 year old woman. Her husband is Edson. They are a relatively young couple and do not have children yet. They live six kilometers from the city of Cochabamba in the northeast. They do not have their own home as they rent their own home and bathroom. They both work as technicians for a company where their salaries are not high so they want to improve their living conditions by using this loan to purchase three machines: one for welding, one for grinding, and one for drilling. With these tools, they plan to work on the weekends on their metalwork and machine repair. They can work on either domestic or industrial machines as the husband has experience. With this they plan to improve their lives and become independent of their company while eventually opening a workshop to service machines in their specialty.
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La Sra. Patricia, tiene 34 años de edad y está casada con Edson, es una pareja relativamente joven, no tienen hijos todavía, ellos viven a seis kilómetros de la ciudad de Cochabamba, hacia el noreste no tienen casa propia aún, viven en alquiler en una habitación y su baño y trabajan como técnicos cada uno en Empresas donde los salarios son reducidos y quieren mejorar sus condiciones de vida acudiendo al crédito para comprar tres máquinas: una de soldadura, una amoladora y un taladro para que con ellas puedan trabajar los fines de semana en actividades de metalmecánica y reparación de maquinaria y equipos ya sean industriales o domésticos en lo cual el esposo es experimentado y así crecer y tal vez independizarse con el tiempo formando un taller para la atención en servicios en esta especialidad, ya que la demanda de servicios según el criterio de ellos es amplia en la ciudad y sus alrededores.

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

  • $2,817
    Average annual income
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Patricia Daniela to purchase a welder, grinder, drill, and other tools.
72% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered