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Ricardo Raul
Ricardo is 42 years old. He lives with Bertha. He has lived with her for more than 14 years. They have 4 dependent children who are in primary and secondary school at the moment. They go to public schools as the family does not have sufficient income to pay for private school.

Ricardo completed his primary school studies. However, because of the bad influence of his friends and because his parents did not give him a lot of advice he did not finish secondary school. In fact he started to work at a young age, doing different kinds of work. Approximately one year ago he lived in the Santa Cruz region but the cost of living is very high there, so he decided to move to the Cochabamba area. This is where he lives at present. At the moment Ricardo works as a trailer truck driver.

The loan requested is for the construction of bedrooms for his children, which will improve his family’s quality of life.
View original language description ↓
El sr. Ricardo tiene 42 años, convive con la Sra. Bertha por mas de 14 años, tienen 4 hijos dependientes que actualmente cursan el nivel primario y secundario del colegio, estudian en escuelas fiscales debido a que no cuentan con suficientes ingresos para pagar colegios particulares. El sr. Ricardo estudio hasta el nivel primario y por malas influencias de sus amigos y por la falta de concejos de sus padres no termino el colegio y empezó a trabajar de joven en diferentes rubros, hace aproximadamente un año vivió en el departamento de Santa Cruz pero el costo de vida es muy alta por lo que decidió vivir en el departamento de Cochabamba donde actualmente radica. Actualmente el sr. Ricardo trabaja de chofer de un tracto camión. El credito solicitado es para la construcción de habitaciones para sus hijos, lo que mejorara su estilo de vida de la familia.

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
  • 162
    View loans »
    Bolivia Loans Fundraising
  • $33,489,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ricardo Raul to construct bedrooms.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 18, 2013
Jun 20, 2013
Currency Exchange Loss:
Apr 17, 2014