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Michael
Michael, 20, was born in Carrasco Province. He completed school with much effort working and studying at the same time. Despite difficulties, when he graduated from school he went to the city of Santa Cruz seeking employment. Michael worked for about a year in various activities and he currently lives in Cochabamba working with his uncle making cement crafts. He makes decorative items for the home like flower pots, cement statues and water fountains. Michael learned to make cement crafts easily and he’s currently still in this line of work. He earns by the finished item.

Michael has been seeking ways to improve his quality of life these past few years with a dwelling of his own to live in and this is why he’s requesting the loan to buy an urban lot in the community of Paraíso with the intention of building his own house in the future.
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Michael nació en la provincia Carrasco, tiene 20 años de edad, termino el colegio con bastantes esfuerzos trabajando y estudiando al mismo tiempo, a pesar delas dificultades al egresar del colegio fue a la ciudad de Santa cruz a buscar trabajo. Michael trabajo aproximadamente por un año en diferentes actividades, actualmente vive en Cochabamba trabaja con su tío con las artesanías de Cemento, los trabajos que realiza son decorativos para el hogar como ser: macetas, estatuas de cemento, fuentes de agua. Michael aprendió con facilidad el trabajo de artesanias de cemento, actualmente sigue trabajando en el rubro, gana por producto terminado. En los últimos años Michel busca mejorar su calidad de vida con un ambiente propio para vivir, por esta razón solicita un crédito para la compra de un lote urbano en la comunidad de Paraíso, esto con la finalidad de a futuro construir su propia vivienda.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Michael to buy an urban lot.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2015