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Martin
Martin is 19 years old and studied until the fifth grade. He is single and dreams of continuing his studies, but his income is not sufficient. Currently Martin is working as a motorcycle taxi driver for the Carrasco Tropical Drivers’ Union in the city of Ivirgarzama but he does not earn enough to save and continue with his studies at a professional level. The loan is so that he can buy a motorcycle and use it to increase his earnings so that he can continue his studies and become a successful professional. Currently he lives with his grandfather who is of an advanced age. Martin needs a great deal of financial help to increase his income and achieve his dreams. He wants one day to become a mechanic in order to contribute to and help his family.
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Martin , tiene 19 años de edad estudio hasta quinto básico, soltero tiene sueños de seguir estudiando, pero sus ingresos no le alcanzan para ello. El joven Martin se dedica a trabajar como moto taxista en sindicato Ccarrasco tropical en el pueblo de Ivirgarzama, pero no le es suficiente para que ahorre y continúe con sus estudios a nivel profesional. El crédito que solicita e spara compra de motocicleta, con esto el quiere mejorara sus ingresos y a futuro podrá ahorrar para continuar con sus estudios y ser un gran profesional. Actualmente vive con su abuelo, quien ya es de la tercera edad. El muchacho necesita mucha ayuda económica para mejorar sus ingresos y así el joven pueda cumplir con sus sueños, nos comentaba que quiere ser mecánico para coadyuvar y colaborar a su familia.

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
  • 115
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Martin to buy a motorcycle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 30, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2015