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Marcelino
Marcelino is 25 years old, single and lives with his parents in a very humble home. Since he was very young he has worked in farming, where he learned to grow products like potatoes, onions, peanuts and beans. Marcelino not only works but he also cares for his father, who because of his age suffers from an illness that keeps him in bed every day. Recently there has been heavy rain in the community, which has damaged their home and created terrible living conditions because of leaks. Marcelino is requesting the loan to repair and improve the home so it can withstand the weather since the rainy season is just beginning. This loan will help Marcelino and his parents very much in improving their living conditions.
View original language description ↓
Marcelino es una persona muy joven soltero, él vive con sus padres en una casita muy humilde, con 25 años de edad, desde muy pequeño se dedicó a trabajar en la agricultura donde fue aprendiendo a cultivar diferentes productos como papa, cebolla, maní, frejol, Marcelino no solo se dedica a trabajar sino también a cuidar de su padre, que por la edad sufre de una enfermedad que no le deja trabajar teniendo que reposar cada día en la cama.
Estos últimos días en la comunidad donde viven cayó una fuerte lluvia el cual deterioro su casa por la antigüedad que tiene, quedando en mal estado y en pésimas condiciones para vivir debido a las goteras, Marcelino está solicitando el presente crédito para poder refaccionarla y mejorarla ya que la época de lluvia recién empieza y de este modo poder soportar los cambios climatológicos.
Este crédito ayudara mucho a Marcelino y a sus padres a vivir en mejores condiciones de vida.

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

  • $2,817
    Average annual income
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Marcelino to repair his home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015