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Limbert Ronald
Limbert, who comes from Cochabamba, is a very hardworking young man. Besides breeding cows and bulls, he also works as a master plumber. He offers his services on a casual basis and he must travel several kilometers every day to arrive at his job destination. He currently lives with his parents. Every one in the family works to help provide for basic necessities.

Limbert is very grateful for having access to this loan, which is an opportunity to have his own tools for his job as a plumber. In this way he will be able to generate more income which will help him to have a better quality of life. Among his future plans, Limbert is planning to take out a new loan for an "anticrético" arrangement [a housing arrangement in which the owner leases property for a specified time in exchange for one lump-sum "loan" payment that is repaid interest-free at the end of the agreement] and so as to have a larger plumbing business where he can provide better service for all his customers.
View original language description ↓
Limbert , persona que proviene de Cochabamba, es un joven muy trabajador, además de criar vacas y toros también trabaja como maestro plomero. El presta sus servicios de manera informal y debe viajar varios kilómetros todos los días para llegar hasta su fuente de trabajo. Actualmente vive en la casa de sus padres, todos en su familia trabajan para aportar en las necesidades básicas.
Limbert está muy agradecido de poder acceder a este crédito que es una oportunidad de contar con herramientas propias para su trabajo como plomero y de esta manera pueda generar más ingresos lo que le ayudaran de alguna manera a tener un mejor nivel de vida.
Entre sus planes futuros Limbert planea sacar un nuevo préstamo para contratar un anticrético y así poder contar con un negocio más grande, como una microempresa de plomería donde pueda brindar una mejor atención a toda su clientela.

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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $28,055,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Limbert Ronald to buy work tools.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014