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.
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.
About CIDRECIDRE 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.
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Success!! The loan was 100% repaid