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Juan Angel
Juan, 24, is a very hardworking person. He managed to study up to the high school level. He does not have any children dependent on his income. He lives with his parents, who work hard to provide for their younger children. Juan helps them with some of the expenses, such as food and utilities.

Juan's main business activity is providing transport services to passengers for a well-known company in the city of Cochabamba. He also works at night providing motorcycle taxi services so that he can bring some extra money home, as his father is sick and cannot work like he used to.

He will use this loan to buy a new motorcycle because his is in disrepair. He will then be able to offer a more efficient service and he will bring home much-needed extra money.
View original language description ↓
El señor Juan tiene 24 años de edad, es una persona muy trabajadora, logro estudiar hasta el nivel de bachillerato, no tiene hijos dependientes de sus ingresos, vive en la casa de sus padres, los cuales trabajan duro para poder sacar adelante a sus hijos menores, el señor les ayuda con algunos gastos como los de alimentación y el pago de servicios. Su principal actividad es la prestación de servicios de transporte de pasajeros en una empresa reconocida en la ciudad de Cochabamba además trabaja en las noches en la prestación de servicios de moto taxi solo para poder llevar un poco de dinero extra a su hogar dado que su padre esta enfermo y no puede trabajar como lo hacia antes, el motivo del presente crédito es para poder comprar una nueva motocicleta porque la que tiene ya esta en deterioro y así podra ofrecer un servicio mas eficiente y lograra llevar el dinero extra a su casa porque les hace mucha falta.

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

  • $5,500
    Average annual income
  • 203
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    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 Juan Angel to buy a new motorcycle.
56% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2014
Listed
Mar 29, 2014
Currency Exchange Loss:
Possible