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Oscar
Oscar, 36, lives with his wife and has five children under the age of 18. Four of them are studying at a school in the community. His home is located in Ticucha canton, Muyupampa municipality, Cumandayti community. Oscar's main job is making furniture like cots, tables, chairs, benches, and wardrobes. He makes them in his small carpentry workshop with stationary motors that he has, given that there is no electricity in their area. He works hard to support his children who are studying so that they can continue their secondary education and have a better life. He is asking for a loan to buy a stationary motor, a wood shaper, and gas so that he can build the furniture. This way, he can increase his income which will help them cover the cost of their children's education.
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El señor Oscar tiene 36 años de edad, vive con su esposa y tiene 5 hijos menores, de los cuales 4 se encuentran estudiando en la escuela de la Comunidad, su domicilio está ubicado en el Cantón Ticucha del Municipio de Muyupampa en la comunidad de Cumandayti. La principal actividad de Oscar es la fabricación de trabajos en madera como, catres, mesas, sillas, bancos y roperos; que lo fabrica en su pequeño taller de carpintería con motores estacionarios que tiene, debido que en el lugar no se cuenta con energía eléctrica. Oscar trabaja arduamente para mantener a sus hijos que están estudiando para que ellos puedan continuar sus estudios secundarios y tener una mejor vida. Está solicitando crédito para la compra de motor estacionario, compra de una maquina tupí, combustible y así fabricar más muebles, para que así pueda incrementar sus ingresos lo que les ayudara a cubrir los estudios de sus hijos

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Oscar to buy a stationary motor for carpentry, a wood shaper, and diesel.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 21, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 19, 2014