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Rosario
Rosario is a hard-working and responsible person. She is 25 years old and lives with her partner Oscar. They have a dependent son who is currently studying at a State school. They live with her partner's parents in the Sacaba area, as they do not have enough income to buy a plot of land of their own and have a house built.

Rosario finished her schooling and then decided to go to the public university, where she met her partner. He supports her with her university costs, as she has not yet completed her studies. On a previous occasion they both decided to buy a station wagon using part of their savings. They use this to transport passengers.

The loan they are requesting will be used for maintenance and repairs on the vehicle, as it is currently not in a very good state. By doing this she will be able to offer a more efficient service and increase her income.
View original language description ↓
La señora Rosario, es una persona trabajadora y responsable, tiene 25 años, convive con el señor Oscar con el cual tienen un hijo dependiente que se encuentra estudiando en una escuela fiscal, viven en casa de sus suegros en la zona de Sacaba debido a que no cuentan con suficientes ingresos para comprarse su propio terreno y hacer construir una casa, la señora termino el colegio y posteriormente decidió ingresar a la universidad púbica donde conoció a su esposo el cual le colabora con los gastos de la universidad, ya que todavía no termino sus estudios. En la anterior gestión ambos decidieron comprarse una vagoneta invirtiendo parte de sus ahorros, la misma la utilizaron para el transporte de pasajeros, el crédito que solicitan estara destinado al mantenimiento y reparación de la vagoneta, ya que actualmente no se encuentra en buenas condiciones, de esta forma lograra ofrecer un servicio más eficiente e incrementara su ingresos.

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
  • 116
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rosario to maintain and repair the station wagon.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2014