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Edgar
Edgar, despite his youth, is a car mechanic teacher. He has been working at an auto repair shop for more than 3 years. In this position he has gained the confidence of the owner due to his sense of responsibility and efficiency, which he demonstrates in his work even as a young, single man.

He lives with his parents but he is the one who contributes to the bills for their everyday needs. At the same time, Edgar earns money every day by renting out his taxi. He employs someone who is in charge of maintaining the vehicle.

Today he is asking for this loan to repair his vehicle and in this way continue with this job that he has obtained through much sacrifice. As he does this, he is keeping in mind what he wants in the future, which is being able to have his own house and in this way have a family.
View original language description ↓
El Sr. Edgar a pesar de su corta edad es Maestro Mecánico, lleva trabajando más de tres años en una Estación de Servicios Mecánicos, lugar en el cual se ganó la confianza del propietario por la responsabilidad y eficiencia que este demuestra en sus labores, de estado civil soltero; vive con sus padres pero es este quien colabora con los gastos de servicios básicos. El señor Edgar paralelamente a su actividad como Mecánico percibe una renta diaria por concepto de la renta de taxi, tiene bajo su cargo una persona quien es el que maneja el vehículo; hoy solicita el presente crédito para reparar la parte mecánica de su vehículo y de esta forma seguir en este rubro que con mucho sacrificio pudo adquirirlo; ya que es consciente de lo que quiere tener a futuro, el poder contar con una casa propia y de esa forma tener una 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
  • 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 $1,450 helped Edgar repair his vehicle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013