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Luis
Luis C. N. and Florentina Coria Guzman have been married for 37 years and have 3 sons and a daughter. Their three sons are married and fully independent; whereas their daughter still lives with them and studies in an institute. They live in a house they own in Mallco Chapi, 23 kilometers west of the city of Cochabamba, in an agricultural and dairy area.


Luis has been working with dairy cattle for 26 years. He delivers all of his milk production to a company that produces all sorts of dairy products to sell in the Cochabamba market. He also has land where he grows corn.


They are requesting this loan in order to purchase feed for their dairy cattle and to build a well and irrigation channels for their crops. This would improve their income since it would increase their corn output and also their milk production.

View original language description ↓
El Sr. Luis C. N. esta casado con la Sra. Florentina Coria Guzman por 37 años, tienen 3 hijos y 1 hija. Los tres Varones son independientes y estan casados, la hija vive todavia con ellos y esta estudiando en un instituto. Viven en Mallco Chapi al oeste de la ciudad de Cochabamba a 23 kilometros de distancia en una zona agricola y lechera, tienen casa propia.

El Sr. Luis trabaja con el ganado lechero desde hace 26 años, entrega toda su produccion a una empresa que elabora toda clase de productos lacteos para el mercado de Cochabamba. Tiene tierras en las cuales produce maiz.

Requieren el prestamo para poder comprar alimento para su ganado lechero y para poder realizar la construccion de un pozo y canales de agua para riego de sus tierras agricolas. Esto incrementara sus niveles de ingresos ya que su produccion de maiz mejorara y su produccion de leche tambien.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,926,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Luis purchase cattle feed and build a well and irrigation channels.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2010
Listed
Jan 13, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011