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Miguel is a calm and hard working person. He works in construction and is asking for the loan to repair a wall in his house. He needs this financial help and is very happy to be getting this opportunity, because his income isn't enough to give his family a better quality of life. Miguel works day to day, spending several hours at work, because he doesn't want his family to lack for anything.
View original language description ↓
El Sr. Miguel es una persona tranquila y trabajadora, está en el rubro de la construcción, solicita el crédito para refaccionar la pared de su vivienda. El necesita esta ayuda económica, y se siente muy feliz de poder acceder a esta oportunidad, ya que sus ingresos no le alcanzan para dar una mejor vida a su familia. El Sr. Miguel, trabaja día a día arduamente, cumpliendo varias horas al día de trabajo, porque no quiere ue a su familia le falta nada.

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
  • 116
    View loans »
    Bolivia Loans Fundraising
  • $36,698,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Miguel to replace a wall in his house.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jan 30, 2013
Apr 1, 2013
Currency Exchange Loss:
Jun 17, 2014