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Edgar Victor
Sr. Edgar, 39, is married and lives in a southern neighborhood of Cochabamba. He has three children, at home, all three of whom study in fee-based schools. Sr. Edgar was unable to go on to college from high school because his parents needed him to work and help support the family. He has always worked and now has his own taxi business. His income doesn't stretch to meet all the family's expenses, though, and his wife has a business of her own, making clothing for teens and adults. Sr. Edgar is applying for a loan that he will use to finish building his house. He doesn't have the funds to complete it now and he wants to provide his family with a decent place to live.
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El señor Edgar tiene 39 años, es casado y vive en la zona sud de la ciudad de Cochabamba, tiene tres hijos dependientes que se encuentran estudiando en un colegio fiscal, el señor solo pudo terminar el colegio y no la universidad debido a que sus padres no tenían suficientes recursos económicos para cubrir los gastos de todos sus hermanos por lo que tuvo que trabajar desde muy joven. Actualmente su principal ingreso proviene del servicio de transporte, pero no logra cubrir todos los gastos de su familia, por ello su esposa empezó a trabajar y realiza el servicio de maquila, es decir costura de pantalones jeans clásicos y juveniles. El crédito solicitado es para terminar la construcción de su vivienda ya que les falta dinero para la culminación, de esta forma quiere brindarle a su familia mejores condiciones de vida, y mayor comodidad.

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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    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 Edgar Victor to pay housing expenses.
33% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2013
Listed
Jan 11, 2014
Currency Exchange Loss:
Possible