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Juan
Juan is married and has three children. For eight years he has lived in the tropics of Cochabamba after leaving his own community because of low production due to the climate change. He decided to go to the tropics in search of a better life, and over time, through much hard work and effort, was able to buy farm land where he grows yucca plant.

The loan Juan is requesting is to build a decent house for his family to improve their lifestyle. His wife works with him in the agricultural activity.
View original language description ↓
El señor Juan es casado, tienen tres hijos, radica en el trópico de Cochabamba desde hace 8 años. El señor Juan vino de su comunidad por que la producción es muy baja debido a los cambios climatológicos, por lo que decidió irse al trópico en busca de una mejor vida, pero con el trascurso del tiempo, con mucho trabajo y esfuerzo se compro su lote agrícola, en el que produce yuca. El crédito que está solicitando es para construcción de vivienda, de esta manera podrá mejorar su nivel de vida y tendrá un techo adecuado para vivir junto a su señora que le colabora en sus actividades agrícolas.

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

  • $2,817
    Average annual income
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    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 to build a house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2014