A loan of $1,500 helped to buy lubricants to sell.


Freddy's story

Freddy is 42 years old. He is a humble and hard-working person. He lived with his parents, who supported him with his studies. He studied Agronomy, but he is not working in his professional field because he did not have a good income from that activity. He is married to Elizabeth, with whom he has 3 small dependent children, who are in primary school. They currently live in a house in an anticrético [a legal arrangement in Bolivia whereby the tenant provides a loan to the landlord in lieu of rent] in the Coronilla zone of Cercado de Cochabamba, Bolivia. This zone is known for being dangerous, but it is the only area where he is able to pay the anticrético. Currently, the borrower operates a tire repair shop, where he works from Monday through Saturday from 8 a.m. to 6 p.m. As a secondary activity he sells lubricants. The loan he is requesting is to buy lubricants for his secondary activity. This will permit him to have a better income and thus save up in the future to look for a better place to live.

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Translated from Spanish by Kiva volunteer Patricia Linderman



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