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Sr. Damián is 40 years old and married to Sra. Reyna. They have three children (ages 10, 8, and 2), of whom two are attending elementary school. His family has limited financial resources.

Sr. Damián lives in the community of Esmeralda Norte in the city of Cochabamba. He has a small house that is still in the middle of construction. Only two of the bedrooms are occupied. His parents stay in one room while his three children occupy the other, which makes conditions very uncomfortable for everyone.

Sr. Damián operates a small sawmill out of his home where he sells all types of wood to carpenters in the area for making furniture. This loan will be used to buy tree trunks. He has all the required permits and authorizations from the ABT (the local forestry and land management authority) and the necessary equipment for sawing wood that he can sell during the rainy season.

One of his dreams is to open a furniture store so that he can have his own small business. Most importantly, his short-term goal is to finish the construction of the bedrooms for each of his children so that they will be more comfortable.

View original language description ↓
El señor Damián tiene 40 años está casado con la señora Reyna y tienen 3 hijos de (10,8 y 2) años los cuales estudian en la primaria, son una familia de escasos recursos económicos.

Es señor Damián vive en la Ciudad de Cochabamba en la comunidad de Esmeralda Norte, tienen una pequeña casa que falta terminar de construir ya que solamente cuenta con dos habitaciones. Una ocupan los padres y la otra para los tres hijos en la cual se encuentren muy incómodos.

El señor Damián tiene un pequeño aserradero en su domicilio del cual vende toda clase de madera a las carpinterías de la zona para la fabricación de muebles.

El préstamo será destinado para la compra de tronco, el cual compra con todos los permisos y autorizaciones necesarias por la ABT (Autoridad de control Social de Bosques y Tierras) y de esta manera prever materia prima para aserrar madera y de esta manera vender en tiempo de lluvia.

Entre sus sueños y metas es tener una mueblería y así de esa manera tener una pequeña empresa, su meta más importante a corto plazo es realizar una construcción con habitaciones para cada uno de sus hijos, con lo cual estarán mas cómodos cada uno de ellos.

Additional Information


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
  • 128
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Damian purchase tree trunks to turn into lumber.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 6, 2010
May 20, 2010
Currency Exchange Loss:
Jan 15, 2012