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Federico
Federico has been married for more than 17 years and has two dependent children of different ages. They are in primary and secondary school. They are a humble family that has lived in the community of Colomi for 6 years.

They work in agriculture and with their seasonal income, sell potatoes, tuber vegetables, variations of potatoes, and green bean pods.

Federico and his family are from scarce economic resources that sometimes just covers the school costs for their children. They spent the money they saved on construction in their home. Now, Federico and his wife are requesting a loan to make another affordable wooden home in their tropical region.
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El señor Federico es casado más de 17 años, tiene 2 hijos dependientes de diferentes edades que estudian en nivel primaria y secundaria, son una familia humilde viven en la comunidad de Colomi hace 6 años atrás, son agricultores con ingresos económicos estacionales por la venta de papa, papaliza, oca y haba en vaina verde. El señor Federico y su familia son de escasos recursos económicos que a veces apenas cubre los gastos para el estudio de sus hijos, además gastaron el ahorro que tenía en obra fina de la construcción de su vivienda, ahora Federico junto a su esposa necesitan dinero para hacer otra vivienda económica de madera en su chaco del trópico, por este motivo solicita un préstamo para la construcción de la vivienda de madera en su chaco.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    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 Federico to construct a wooden house.
50% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 30, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible