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Pedro
Pedro is 26 years old and lives with his mother, Indalicia. Their house is located in the José Barbero neighborhood in the zone of Candua, 5 kilometers from the city of Monteagudo. His main job is loaning out his services as a construction worker. He works on all kinds of home construction jobs for the citizens of Monteagudo, including both the rural and the urban areas.

He is asking for this loan to buy wooden beams and corrugated sheet metal so he can build a roof for the house that they built on his mother's land. By so doing, they will be able to live in a more comfortable and tranquil place, since the house where they currently live is in bad condition (it floods when it rains and has other problems).

By building their roof, Pedro will be able to have a place to live and also rent out rooms, earning extra income to help cover their expenses, such as food and clothing, among other things.
View original language description ↓
El señor Pedro tiene 26 años de edad, vive con su madre Indalicia, su domicilio está ubicado en el barrio José barbero de la zona de Candua a 5 km de la Ciudad de Monteagudo. Su principal actividad es la prestación de servicios como albañil, realizando todo tipo de construcciones de vivienda para las personas de nuestra ciudad de Monteagudo tanto del área urbana como rural. Está solicitando crédito para comprar vigas de madera y calaminas y poder techar la casa que construyeron en terrenos de su madre, para que así estén en un lugar más cómodo y tranquilo, ya que en la vivienda que viven no está en buenas condiciones y se entra aguas a veces cuando llueve. Techando su vivienda don pedro podrá tener vivienda y puedan alquilar cuartos y generar ingresos extras para cubrir los gastos de servicios básicos, alimentación, ropa y otros que ellos tienen.

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
  • 225
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Pedro buy wooden beams and corrugated sheet metal.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 15, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2015