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Marcial
Marcial, 28, is single with a primary school education level. He lives in Colomi. Marcial works as an employee in his brother's carpentry shop making doors, windows, chairs, tables, closets, bureaus and all furniture in general, with more than two years of experience. He supports himself economically through his work, covering food and daily living.

He needs a loan in order to buy land so that he will be able to have his own home in the future. For this reason he is requesting a loan since he has savings that he has been saving up over the years, and together with the amount of the loan he will make his dream a reality.

Finally, Marcial feels happy to have the opportunity to have access to this loan. He will also have his own land and that way he can save since he is thinking of building his home in the future.
View original language description ↓
El Señor Marcial de 28 años de edad estado civil soltero, con una instrucción de nivel primario, vive en Colomi. Sr. Marcial trabaja como empleado en carpintería de su hermano realizando (puertas, ventanas, sillas, mesas, roperos, cómodas y todo mueble en general) con una experiencia de mas de 2 años, de esta forma se mantiene económicamente a través de su trabajo para su alimentación y en su vida diaria, el necesita un crédito para comprar terreno y así poder tener domicilio propio a futuro, por este motivo solicita un préstamo ya que él tiene un ahorro que fue ahorrando a través de los años y con el monto del préstamo sus sueño se hará realidad. Por ultimo Marcial se siente contento al tener la oportunidad de acceder a este crédito, además tendrá terreno propio y así poder ahorrar ya que tiene pensado construir su vivienda a futuro.

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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marcial to buy land.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 5, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014