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Emilio
Mr. Emilio Amaya Tarrico is 30 years old, single, without kids and has an elementary school level education. His parents' limited resources prevented him from continuing his studies. He began to work from a very young age helping with crops. With his savings, he purchased a motorcycle which he uses in his work as a moto-taxi driver. He works everyday and at the moment, he lives in his family's home in which he pays no rent but helps them pay for utilities.

In the time he has been working, he has used his savings to purchase an urban lot in Ivirgarzama. He has always dreamed of having his own home which is why he is requesting a loan to begin the construction and become independent. With this, he will begin to make his home where he will be able to live, grow and improve his quality of life.
View original language description ↓
El señor Emilio Amaya Tarrico tiene 30 años de edad es soltero, sin hijos, estudio hasta nivel primario, los escasos recursos de sus padres no le ayudaron a continuar sus estudios, empezó a trabajar desde muy joven, en los chacos ayudando en las cosechas, con sus ahorros se compró una moto con la cual se dedica al servicio de moto taxi, trabaja todos los días, actualmente vive en casa de sus parientes no paga alquiler solo les ayuda a pagar agua y luz, en el tiempo que lleva trabajando, con sus ahorros ya se compró un lote urbano en ivirgarzama, siempre soñó tener casa propia, es por esto que solicita un crédito para empezar a construir y además independizarse; y así empezar a hacer su casita donde ya pueda vivir y ampliar poco a poco y mejorar su nivel de vida.

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 $1,450 helped Emilio build his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 27, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014