Sr. Jhonny has a young son who is temporarily living with him. He is separated from the mother of his child. A few years ago, he picked up another trade and now works as a masonry assistant. Jhonny gained considerable knowledge in this field, which helped with the construction of his own home. However, due to financial reasons, he was not able to finish building his house. For this reason, he is requesting a loan so that he can finish the construction of his home and have his own roof under which he can have better living conditions.
About CIDRECIDRE 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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