Check out other loans that are currently fundraising!
Sergio
Sergio, who is a single young man, lives in his mother's home which is 45 minutes from the city. He provides a taxi service, using his own car. he negotiates the different arterial roads of the city in his car which is now getting rather old. Having damaged the engine recently, he is now unable to work, but he needs to have his vehicle in a good condition so he can buy food for his mother and younger brothers and sisters whom he also helps. He, therefore, needs the loan to have his taxi's engine repaired so he can continue to help his mother to support the family and to be able to improve his needy family's quality of life.
View original language description ↓
El señor Sergio vive en la casa de su madre que se encuentra a 45 minutos de la ciudad, es soltero, Sergio es un joven trabajador que se dedica al servicio de transporte de pasajeros en su propio vehículo trabajando como taxi, maneja por las diferentes arterias de la ciudad en su automóvil que es un poco viejito, últimamente se le daño el motor y no puede trabajar, el necesita el vehículo en buen estado para poder ayudarle en los gastos de alimentación de su madre y de sus hermanos menores a los cuales ayuda, para esto necesita el préstamo para poder arreglar el motor de su taxi y así continuar ayudando a su madre con la manutención familiar y así mejorara la calidad de vida de esta familia de escasos recursos.

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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    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 Sergio to have his taxi's engine repaired.
71% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible