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Alfredo, 28, is single and lives in a rural community, Primera Candelaria, to the north of Colomi. The young man works in agriculture growing potatoes, "papa lisa" [a tuber], and beans on a plot of land he inherited from his parents. This way he earns a living to live comfortably.

Alfredo appeared in person to request a loan to invest in the finishing work on the construction of the ground floor of his house. He spent his savings building the whole house and needed money to complete the finishing work.

Ultimately Alfredo was very happy to get the loan because finally his dream will come true, to have his own house finished with all the requirements so he can live happily.
View original language description ↓
El señor Alfredo de estado civil soltero, con una edad de 28 años, vive en una comunidad rural 1ra Candelaria hacia el norte de Colomi. El joven se dedica a la producción agrícola de papa, papaliza y haba, cultiva en el terreno que fue herencia de parte de sus padres, de esta forma él se gana la vida para vivir cómodamente. El joven Alfredo se apersono a solicitar un crédito para invertir en obra fina de la construcción de su vivienda planta baja , ya que el ahorro que tenía lo gasto en la construcción de toda la casa, y le falto dinero para terminar la obra fina; Finalmente Alfredo se sintió muy feliz al obtener el préstamo ya que por fin tendrá su sueño hecho realidad de tener su casa propia terminada con todas las condiciones para que viva muy feliz.

Additional Information


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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $5,500
    Average annual income
  • 158
    View loans »
    Bolivia Loans Fundraising
  • $32,260,600
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Alfredo to do the finishing work on his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 7, 2013
May 1, 2013
Currency Exchange Loss:
Apr 17, 2014