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Germán studied up through high school. He has worked as a taxi driver for more than 11 years. He is single and lives with his parents. In recent months, his mother had an accident that led to the amputation of both her legs. This affected their economic situation considerably. But even under these circumstances, Germán was able to take on the responsibilities and these are being taken care of. His mother, being in bed, became dependent on her son's income. Germán gives her a lot of support for the upkeep of the house and for her medicines. She is still recovering and needs a lot of medicines and care. Germán borrowed money to cover the medical expenses but the interest rate is very high and he wants to pay off this debt with the present loan.
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El Sr. Germán, tiene estudios hasta el bachillerato , trabaja como taxista desde mas de 11 años, es soltero y vive con sus padres, durante los últimos meses su madre sufrió un accidente en el cual tuvo que ser amputada sus dos piernas de esta manera afectando considerablemente a su economía del titular, pero aun bajo estas circunstancias el Sr. Germán pudo asumir las responsabilidades que tiene y que las mismas están siendo canceladas, su madre al estar postrada en cama tuvo que llegar a ser dependiente de los ingresos de su hijo Germán el cual aporta en gran manera para el sustento de la casa y los medicamentos de su madre la cual aun esta en proceso de recuperación y necesita de muchos medicamentos y cuidados, el Sr. Germán se presto dinero para cubrir todos los gatos médicos pero le cobran interés muy alto y él quiere cancelar esta deuda con el presente préstamo.

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
  • 123
    View loans »
    Bolivia Loans Fundraising
  • $36,246,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped German to pay off his debt (for the purchase of medicine).
100% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Dec 1, 2012
Currency Exchange Loss:
Jul 17, 2014