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Mr. Valerio Fernández P. is 28 years old and lives in a house he own located in the city of Tarija’s Simon Bolívar neighborhood. Valerio is the father of a son whom he cares for and educates together with his wife, Mrs. Claudia Banesa Espinoza Farfán. He must work to support his wife and child.

For over six years Valerio has worked transporting “aridos” (all kinds of ground matter used in construction – gravel, sand, rock, etc) to various construction sites in the city. Because he is a punctual and responsible person his services are preferred by many good customers.

Valerio wants to earn better income to get ahead with his wife and child but he tells us that he needs to buy new tires for his dump truck so the loan will be used for this purpose. The tires are greatly needed for the dump truck so that he can continue to perform his transport jobs problem free. This will make it possible for him to increase his income which he very much needs to do.

Valerio tells us that he wants to improve the living conditions they have so he mentions that he plans to use the next loan he requests to do some home improvements.
View original language description ↓
El señor Valerio F. P. tiene 28 años de edad y vive en una casa de su propiedad, vivienda que esta ubicada en el barrio Simon Bolivar de esta ciudad de Tarija. Valerio es padre de 1 hijo, a quien cuida y apoya en su educación, junto con su esposa la señora Claudia Banesa Espinoza Farfan. Ahora el tiene que trabajar para poder sacar adelante a su hijo y esposa. Valerio se dedica desde hace mas de 6 años al servicio de transporte de aridos ( arena, ripio, grava, gravilla, etc.) Los cuales entrega en las diferentes construcciones de la ciudad. Teniendo buena clientela que prefieren ocupar sus servicios por ser una persona puntual y responsable. Valerio quiere tener mejores ingresos para salir adelante junto su esposa e hijo , pero el nos cuenta que tiene la necesidad de comprar ruedas nuevas para su volqueta, es por eso que el credito sera destinado para la compra de ruedas. Que son de gran necesidad para su volqueta y de esa forma poder realizar sin problemas el servicio de transporte de aridos. De ese modo poder incrementar sus ingresos que mucha falta le hacen. Valerio nos cuenta que quiere mejorar las condiciones de vida que tiene, por eso nos dice que el proximo credito que solicite sera 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
  • 122
    View loans »
    Bolivia Loans Fundraising
  • $36,721,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Valerio to buy new tires.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Mar 18, 2011
Apr 3, 2011
Currency Exchange Loss:
Jan 15, 2012