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Demetrio
Demetrio is 20 years old. He finished primary school but could not continue his education due to a lack of money. Demetrio has worked since a young age and has been living with his currently since he was quite young. Demetrio has worked in different jobs in order to support his family and he has worked in agriculture. With a lot of effort he managed to buy a motorbike that he currently uses to work as a motorbike taxi driver. Demetrio is paying off a loan that he took out to buy his medallion and license and to finish paying for his motorbike. He is currently trying to pay off the loan and is now applying for credit to help make payments on the motorcycle. In spite of his efforts to pay the debt, his young daughter was continuously ill but she is now healthy.
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EL señor Demetrio tiene 20 años, tiene estudios a nivel primario, no pudo concluir sus estudios por falta de recursos económicos, trabajo desde muy corta edad, se concubino a corta edad con su actual pareja, trabajo en diferentes actividades para poder sostener a su familia, trabajo como ayudante en la agricultura. Con bastante esfuerzo logro comprarse una motocicleta que actualmente utiliza para trabajar como moto taxista, para pagar su ingreso a la línea y contar con una licencia y terminar de pagar su motocicleta se hizo un préstamo de dinero que actualmente tiene que pagar por esta razón el cliente solicita un crédito que le pueda ayudar a cancelar la totalidad de su motocicleta, pece a esfuerzos en su trabajo no logro reunir el dinero por que su pequeña hija enfermo constantemente actualmente se encuentra sana.

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
  • 183
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Demetrio to buy a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013