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Mr. Valerio F. P. is 27 years old and lives in the neighborhood Simon Bolivar in the city of Tarija. Valerio has not yet married and lives in his parents' house. He makes a living by transporting materials such as sand, gravel, and stone, which he sells to various construction companies in the city, an activity that he has been doing for many years.

Valerio would like to form a family, have children, and grandchildren in the future. He tells us that he needs to purchase construction material for his house, which is why he is requesting this loan.
View original language description ↓
El señor Valerio Fernández P. tiene 27 años de edad y vive en el barrio Simón Bolívar de la ciudad de Tarija. Valerio aun no se caso y vive en casa de sus padres. Valerio se dedica al servicio de transporte de áridos (arena, ripio, grava, piedra, etc.) el cual vende en las diferentes construcciones que hay en la ciudad, actividad que viene realizando desde hace muchísimos años.
Valerio quisiera formar una familia, tener hijos y en un futuro nietos, el nos cuenta que tiene la necesidad de comprar material de construcción para su casita, el crédito será destinado para la compra de dicho material.
Valerio nos cuenta que el próximo crédito que solicite será para mejorar las condiciones de su casa.

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
  • 125
    View loans »
    Bolivia Loans Fundraising
  • $36,245,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Valerio to purchase construction material for his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 8, 2010
Jul 5, 2010
Currency Exchange Loss:
Feb 15, 2011