Update on CarlosCarlos is a hardworking person. He lives unmarried with his spouse and is the father of one son who he supports with education and training. He currently works providing moto taxi services in Ivirgarzama. He rises very early in the morning to provide sustenance for his family. In his free time he works in agriculture on a small parcel his father set aside for him in his land so that he could work it and improve his quality of life a little.
He’s asking for this loan to buy laying hens. His spouse is a housewife but she’s willing to help her spouse in this new activity they are going to take on. It’s worth pointing out that Carlos has experience in this new line of work because some of his relatives are in the same business. He found out about the office through comments he overheard from his fellow syndicate members.
Previous Loan DetailsCarlos is married and the father of a daughter he is educating. Carlos is a young man who is very dedicated to his work. He has worked as a motorcycle taxi driver with a group called "10 de Noviembre" in the tropic of Cochabamba for two years. He works day after day so his family can have bette... More from Carlos's previous loan »
About CIDRECIDRE 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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