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Fernando
Fernando currently works providing tailoring services. He mainly works manufacturing outfits to order for institutions and teachers. Also making pants and doing alterations in general. His work is very sought-after because he has the necessary experience acquired in previous jobs and because of his quick turn-around time.

Fernando’s married and his wife helps him sew the outfits. They have two children who are dependent on their income. They are responsible, hardworking people who very much want to improve. Their children are school age and are outstanding students.

The reason for the present loan is to buy bolts of fabric to make outfits because they got a large order and they ran out of fabric to complete it. In this way, profits will be higher for him, his wife and his children.
View original language description ↓
El señor Fernando actualmente se dedica a la prestación de servicios de sastrería, confecciona principalmente trajes a medida para instituciones y profesores además de pantalones y arreglos en general; su trabajo es muy solicitado esto debido a que cuenta con la experiencia necesaria obtenida en trabajos anteriores y por la prontitud de entrega. El señor Fernando está casado, su esposa es la que le ayuda en la confección de los trajes, tienen 2 hijos dependientes de sus ingresos; son personas responsables, trabajadoras y con ganas de superación; sus hijos se encuentran en edad escolar y son alumnos destacados; el motivo del presente crédito es para poder comprar rollos de tela para la elaboración de trajes esto debido a que consiguieron un trabajo grande y le falto material para poder terminar dicho trabajo, y así poder tener un beneficio más grande para él, su esposa y sus hijos.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Fernando to buy bolts of fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014