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Fernando
Fernando is 19 years old. He lives in the community of Chimore in the province of Carrasco, municipality of Chimore, city of Cochabamba. Fernando works as a mechanic for motorcycle taxis and selling replacement parts in a area called Florida, on Calle Panamericana. Fernando used to live in the community of Senda F and about two years ago he had to come to Chimore because he didn't make enough income to support his family. Fernando left his parents when he came to live in Chimore, where with his wife he started a new life from zero. The loan Fernando is asking for is to buy a city lot and thus help his family.
View original language description ↓
El señor Fernando tiene 19 años de edad el vive en la Poblacion de Chimore, de la provincia Carrasco, del Municipio de Chimore, de la ciudad de Cochabamba, el sr Fernando trabaja realizando el servico de mecanica para moto taxi y la venta de repuestos que esta ubicado en en la zona florida s/n - calle panamericana el sr Fernando vivía en la Poblacion de senda F hace como dos años atras el tuvo que venirse a la poblacion de chimore porque no tuvo ingresos suficientes para poder mantener a su familia, Fernando lo dejo a sus padres por lo que se vino a la poblacion de chimore, donde el se volvió a levantar junto a su esposa tomo un nuevo rumbo en su camino empezo de cero. El préstamo que solicita Fernando es para la compra de un lote urbano y de esa manera podrá ayudar a su familia.

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Fernando to buy a city lot.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013