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Sergio Diego
Sergio has been a taxi driver for four years. He is married and has just one daughter. His wife is expecting another baby that will be born soon. This is why she encourages him to continue working with his taxi. At the moment, the engine is being repaired. For this he needs the loan that he is applying for, in order to repair his vehicle's engine. This way, he will be able to earn his income.

In addition he wants to save to buy a lot, so that he and his family can live more comfortably. Presently, he does not have a very large space, that would allow them to be more comfortable. This is especially important for their daughter, who already goes to school and needs a free space so that she can properly do the homework that they give her in school, and also so that the client and his wife can help her do it.
View original language description ↓
El Sr. Sergio se dedica a su actividad de Transporte Publico hace 4 años, es casado y tiene una sola hija y su esposa espera otro bebe que nacerá estos días, por ello le urge seguir trabajando con su movilidad ya que por ahora esta en reparación la parte del motor, para ello necesita el crédito que solicita para poder refaccionar el motor de su vehículo, de esa manera podrá percibir sus ingresos, además quiere ahorrar para poder comprar un lote para que pueda vivir junto a su familia mas cómodamente ya que ahora no tiene un espacio muy amplio para que puedan estar mas cómodos, especialmente su hija quien ya estudia y necesita un espacio libre para que pueda desarrollar de mejor manera sus tareas que se le dan en la escuela, además para que el mismo cliente junto con su esposa le ayuden con la elaboración de los mismos.

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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Sergio Diego to repair the engine of his vehicle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015