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Grover
Grover is 24 years old, single, and lives in a small, humble home with his mother. He is a dairy cow farmer and spends his days tending to his livestock, which he has been doing for over 12 years now.


With this loan from Kiva partner CIDRE, Grover will invest in more cattle so he can produce a greater quantity of milk. With the extra income, Grover hopes that he can help his elderly mom and improve their standard of living. As he is his mother's only son, he had to leave his studies in order to help her tend to the difficult and laborious work on the farm.


In the future, he hopes to finish high school and build a career for himself. Above all, Grover wants to make sure that his elderly mother has enough money to be able to retire. He also hopes to help her expand her home, as a way of repaying her for all the help she has given him over the years.

Additional Information

About CIDRE

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

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Grover to purchase livestock for milk production.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2009
Listed
Oct 15, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011