Funded

Total loan: $1,500
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Erick

Bolivia
Cochabamba, Bolivia / Construction

A loan of $1,500 helped to buy a mixer.


Erick's story

The Young Erick is 22 years old. He needs three years to finish with his studies in school. He did not finish because of the lack of economic resources on his widowed mother’s part and a lack of direction since his friends were bad influences. He began to work two years ago as a construction worker. He lives in his mother’s house with his siblings in the Sacaba zone of Cochabamba, Bolivia. He is single and he does not have children.

Currently he works with a construction contractor and they have various contracts for home construction. From the income that he receives as a construction worker, he intends to contribute to the family expenses and to save money. The young Erick requests the loan for the purchase of a mixer, since currently they rent one at a very elevated cost. He intends to buy the mixer to rent to his boss at a lower cost and therefore have a higher income.

Translated from Spanish by Kiva volunteer Sarah Tyler



Loan details

Loan length:

39 months
Disbursed date: January 14, 2013

Lenders and lending teams



Loan details

Loan length:

39 months
Disbursed date: January 14, 2013