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Jhonny Luis
Jhonny has been driving a public transportation vehicle for seven years. He is married and has one daughter for whom he needs to provide. Currently, his vehicle's engine is being repaired and it's his only working tool. If his vehicle cannot be repaired he would not be able to earn any income. He then needs to fix it, go back to generating an income and save so he can buy a piece of land to live with his family, as they are not in a very comfortable situation. His daughter in particular, started attending school and needs some space for doing homework, which would include space for him and his wife as they both help her.
View original language description ↓
El Sr. Jhonny se dedica a su actividad de Transporte Publico hace 7 años, es de estado civil casado, tiene una sola hija, por ello le urge seguir trabajando con su movilidad ya que por ahora esta en proceso de reparación la parte del motor, como es su única herramienta de trabajo, en caso de no arreglar su movilidad no podrá seguir con su actividad económica, por ello le urge realizar el arreglo del mismo, pues 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 le dan en la escuela, además para que él mismo 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

  • $5,500
    Average annual income
  • 209
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jhonny Luis to fix his vehicle's engine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014