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Jorge Carlos
Jorge lives in a neighborhood far from the city. He has a small house, and his economic activity is carpentry. He makes wooden furniture, working with his brothers. His father is in charge of the repair of the machinery and the purchase of materials or wood.

His income is enough to cover all his expenses, but now he is requesting a credit to build a house, in which he wants to make new rooms, as he currently only has one small one and it is somewhat uncomfortable. When the construction project is finished, he will be able to live comfortably and will manage to improve his living conditions.
View original language description ↓

El señor Jorge vive en un barrio alejado de la ciudad, tiene una casa pequeña, su actividad económica consiste en la carpintería, realiza obras de muebles de madera, trabaja con sus hermanos y su padre se encarga de la refacción de maquinarias y compra de insumos o madera, sus ingresos le sirven para cubrir todos sus gastos pero ahora solicita un crédito para la construcción de vivienda, en la cual quiere hacer nuevos cuartos ya que actualmente solo cuenta con uno pequeño y es algo incómodo, con la terminación del proyecto de construcción, podrá vivir cómodamente y lograra mejorar sus condiciones 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.

About Bolivia

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,040,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Jorge Carlos to build a house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2013
Listed
Jan 4, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 23, 2015