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Jose Alberto

Update on Jose Alberto

José is 47 years old, married and has three children. He lives in a province close to the city of Cochabamba. Jose is a very hard-working and responsible man. He has had a very hard life since he was young. He was just born when he left with his mother as his father would not even acknowledge him. They went to the city of Potosi where she started to work in order to support José. But he couldn't finish secondary school. He started to work very young when his mother got sick. He worked as a bricklayer and could not work and study at the same time. His mother died and he was left alone. He then met his wife whom he has supported at all times.

José works in his vehicle offering radio-taxi service. He starts very early picking up school children. He also has regular customers who look for him as he is very responsible in his work.

The loan José is requesting is to buy construction materials to finish building his house. He dreams of a better life for his daughters. He says he wants a better future for them all.
View original language description ↓
El Señor José tiene 47 años de edad está casado, con quien tiene tres hijos, el vive en una provincia cerca de la ciudad de Cochabamba.
José es un hombre muy trabajador y responsable, el tuvo una vida muy triste desde pequeño, ya que con la única que se crio fue con su madre ya que el padre ni siquiera lo reconoció, él y su madre se vinieron de la ciudad de Potosí y ella se puso a trabajar para poderlo sacar adelante a José, pero el solo pudo terminar el colegio ya que se puso a trabajar desde muy joven ya que la madre se enfermo y a él toco trabajar y no podía estudiar al mismo tiempo, ya que su empleo era de albañil; su madre falleció y él se quedo solo y ahí fue cuando la conoció a su esposa quien siempre le apoya en todo momento.
José trabaja con su vehículo prestando los servicios de radiotaxi, el trabaja desde muy temprano en el recojo de escolares y al mismo tiempo tiene usuarios que lo buscan por lo responsable que es en su trabajo, el solicita el crédito para la compra de materiales de construcción para terminar su casa, ya que el sueña con una vida mejor para sus niñas que él dice que quiere un futuro mejor para ellas.

Previous Loan Details

Señor José Alberto, age 45, is married to Señora Amparo, with whom he has three children. He lives in the area of the Esmeralda Highway in Sacaba, a province of the city of Cochabamba.

José is a very hardworking and responsible man. He had a sad life from when he was young. His mother rai... More from Jose Alberto's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    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 Jose Alberto to buy construction materials for his house.
52% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible