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Trifon
Trifon is 29 years old, single, and lives in a rented house in Colomi. Trifon is a farmer and raises locoto and potatoes on his own farmland. He sells in the same community. He tells us that he had expenses for a motorcycle that he uses to transport his wares and a chainsaw that he uses to prepare his land for planting. He has approached our institution for a loan so he can build a house. He is very happy for having this opportunity and he will now have a house of his own where he will live happily. He currently lives in a rented house and it’s one other expense that he has to cover each month, but thanks to the loan he will have a better future.
View original language description ↓
El señor Trifon de 29 años, de estado civil soltero, vive en Colomi, en una casa en alquiler.El señor Trifon se dedica a la producción agrícola de locoto y papa, cultivando en terreno propio, con rotación de cultivos de la misma comunidad, a la vez nos cuenta que tuvo gastos con la compra de una motocicleta que lo utiliza para el traslado a su fuente laboral más una motosierra que da uso para realizar el chaqueo (preparación de terreno para la siembra), por este motivo él se apersono a nuestra Institución a solicitar un crédito para construcción de una vivienda.Finalmente él se siente muy feliz por haber tenido esta oportunidad ahora va tener su propia vivienda que vivirá muy feliz ya que actualmente vive en alquiler y es un gasto mas que tiene que cubrir cada mes pero gracias al crédito el tendrá un mejor ahorro a futuro.

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 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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,790,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Trifon to build a house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 6, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014