Funded

Total loan: $1,500
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Benito

Bolivia
Cochabamba, Bolivia / Property

A loan of $1,500 helped to pay off his home loan.


Benito's story

Benito is 27 years old and lives in Barrio Alto in the town of Villa Tunari in the city of Cochabamba. He’s married and has two children. His wife works selling soft-drinks and Benito is a street peddler selling new clothes.

Benito is an enthusiastic young man, very sports oriented. But his great downfall is that he trusts people very easily which is why he lost some money he lent to some acquaintances who vanished after asking him for the loan; they left no traces or references. Sadly, the money he lent them was what he intended to use to pay off the loan he’d taken out to pay for his little house he’d gotten. Therefore, paying off the loan got complicated and serious problems with his family arose too because of this.

Seeing as how he needs a loan to pay off the pending house loan he will continue working and will replace the lost money with his effort thus showing that with much effort he can recover what he lost too. He’s now learned his lesson and is willing to rectify his mistake; he just needs a little help in order not to lose his house.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

51 months
Repayment schedule: Irregularly
Disbursed date: February 29, 2012

Lenders and lending teams



Loan details

Loan length:

51 months
Repayment schedule: Irregularly
Disbursed date: February 29, 2012