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Henry
Henry is a hardworking person; he lives with his parents in the city of Cochabamba. He has a workshop where he makes overalls for students. He has worked from a young age, sewing and making things. Little by little he was able to buy a sewing machine but now Henry needs a new machine to work more efficiently and thus improve his standard of living.

He is requesting a loan to buy a new sewing machine to continue his work and increase productivity, thus earning a better income to improve living conditions for himself and his parents.
View original language description ↓
Henry es una persona trabajadora, vive junto a sus padres en la ciudad de Cochabamba. Tiene su taller de confección de guardapolvos para los estudiantes. Desde muy joven a trabajado costurando y confeccionando, poco a poco fue comprando maquina de costura y ahora Henry necesita una maquina nueva para poder trabajar con mayor eficiencia en su actividad y así pueda mejorar su nivel de vida, por ello solicita un crédito para la compra de una nueva máquina de costura para continuar su actividad y aumentar su productividad, de esta manera lograra tener mayores ingresos a futuro que le otorgaran un mejor nivel de vida para él y sus padres.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Henry to buy a sewing machine.
52% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Covered