Check out some available loans that are similar to this one!
Richard
Richard, 20, is from the Coimata Community which is 20 minutes from the city of Tarija-Bolivia. From a very early age he began working alongside his father in civil engineering and for six years now has earned a living in this trade. He has also worked in tomato production in Argentina, but returned to Bolivia and bought a small Corolla car to offer transportation services. The vehicle is now in need of motor repair and Richard is requesting a loan through Cidre so he can get it fixed. This is so he can go back to providing service to and from Coimata-Tarija and earn an income to contribute to the household economy. He lives alone with his mother.
View original language description ↓
El joven Richard tiene 20 años de edad es propio de la Comunidad de Coimata a 20 minutos de la ciudad de Tarija-Bolivia, desde muy temprana edad comenzó a trabajar ayudando a su padre en la construcción Civil, actividad que ahora le genera ingresos van 6 años desde que comenzó, también buscando la vida se ausento a la República de la Argentina a buscar mejores días trabajando en la producción de tomate. Finalmente retorno a Bolivia pudiendo adquirir por compra una vagoneta corolla al fin de percibir ingresos por medio del trasporte, la vagoneta presenta en este momento fallas en su motor por el cual Richard acude a cidre para un crédito que pueda ayudar a la recuperación del motor de su vehículo y poder realizar viajes de Coimata-Tarija y vuelva a generar esos recursos que le ayudaban mucho en aportar a su hogar ya que en este momento solo viven el y su madre.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Richard to repair his vehicle.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015