Osvaldo has worked for five years in the field of transportation. He has his own vehicle with which he offers services in the same town. In addition, two years ago he bought an FM radio with which he also works, receiving contracts for programs or announcements. His wife contributes income by selling yuca that she takes to the city of Cochabamba.
A few years ago he bought a plot of land in the same community that's already under construction, but he hasn't managed to finish because of the costs.
Currently he's requesting a small loan to be able to finish construction and live more peacefully with his family in his own house.
About CIDRECIDRE 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.
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