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Juan Ariel
Juan Ariel is 23 years old, single, and lives with his parents in the community of Colomi. He is economically independent from them, however. Juan Ariel is a young worker from a humble family who works in agriculture, earning seasonal income selling potatoes and green broad beans that he grows on his own land in the community. Besides being a farmer, he has also recently become an assistant in a mechanic's shop, though he is currently only working there on the weekends so that he can spend his time wisely between his two different jobs. He has expenses in his line of work like buying agricultural stock and he needs additional money to finish a remodeling job that he started on his room so he can live a bit more comfortably there. His parents don't have a lot of money and so he needs to do this himself. He is very happy that he has been given this opportunity to be able to finish his remodeling project and he also tells us that he always helps his parents because, at times, they are not able to take care of his younger siblings when money is tight and he wants them to have a better future than he has been dealt.
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El joven Juan Ariel de 23 años de edad soltero, vive junto a sus padres en la comunidad de Colomi; económicamente muy independiente. Juan Ariel es un joven muy trabajador de una familia humilde se dedica a la producción agrícola con ingresos económicos estacionales por la venta de papa y haba en vaina verde cultiva en terreno propio dentro de 1 ha de terreno en la misma comunidad, aparte de ser agricultor se está dedicando recientemente de ayudante en taller mecánica; mayormente esta los fines de semana con esta actividad para así poder aprovechar su tiempo, el joven tuvo gastos en compra de insumos agrícolas y necesita dinero para hacer la obra fina de un cuarto que le dieron sus padres que son de escaso recursos económicos Finalmente el joven se sintió muy feliz por haber tenido esta oportunidad ahora tendrá un cuarto para vivir más cómodo, comenta también que siempre ayudara a sus padres porque a veces no pueden mantener el estudio de sus hermanos menores así para que tengan un futuro mejor que tuvo el joven Juan.

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.

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About Bolivia

  • $5,500
    Average annual income
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Juan Ariel remodeling his room in his parents' home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 22, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2015