Luis is a Christian and lives at home with his parents. He has worked in Christian media and communications for two years now. Luis and his parents are poor and his parents are getting older and do what they can to support themselves. His mother sells empanadas and sodas in a market, but this only sustains them day to day with their son's help. They live in a rustic home where they have problems with the roof tiles, and now that it is rainy season the water is coming down inside of the house. Since they barely make enough to survive, they don't have the money on hand to repair the roof, but their son would be able to pay it back in installments. This is why the family needs this type of help, to improve their quality of life and get through the rainy season without problems.
El joven Luis es una persona cristiana, vive en la casa de sus padres, el trabaja en un medio de comunicación cristiano desde hace dos años. Luis y sus padres son de escasos recursos y mayores de edad y hacen lo que pueden para sostenerse como por ejemplo su madre vende en un mercado empanadas y refrescos pero esto solo les alcanza para el día a día con la ayuda de su hijo en la rustica vivienda donde viven tiene problemas con el tejado ya que en este tiempo de lluvias el agua se filtra dentro del inmueble y como solo les alcanza para subsistir, no pueden reparar el techo por no contar con el dinero al instante, pero a su hijo le alcanzaría para poder pagarlo en cuotas, ese es el motivo por lo que esta familia necesita este tipo de ayuda y así mejorar su calidad de vida y así poder pasar esta temporada de lluvias sin problemas.
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.