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Mario
Señor Mario is married and has a son. He has worked for more than 12 years in a radiator workshop in order to raise his family. With the income from this work, he bought his house and other materials. Now he is applying for a loan to purchase tools and materials for radiators, which will help him to improve his services, and he will also manage to cover all the family expenses and offer them a better standard of living.
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El señor Mario está casado y tiene un hijo, trabaja desde hace más de 12 años en un taller de radiadores para sacar adelante a su familia, con los ingresos provenientes de su trabajo compro su casa y otros materiales, actualmente solicita un crédito para la compra de herramientas y materiales para radiadores, lo que le ayudara a mejorar sus servicios y también lograra cubrir todos los gastos de su familia y brindarles un mejor nivel de vida.

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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mario to buy tools and materials for radiators.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014