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Ronald Michael
Ronald is a single, 22 year old young man. He went to Spain to work, and he returned two years ago. In Spain he was able to get together enough money to buy a taxi. He currently works as a taxi driver, and he also helps his parents with the production of raw milk.

Ronald lives with his parents in the city of Cochabamba in the Maica Central community. He currently has three head of cattle. He delivers their production to a business that makes different dairy products.

The loan is to buy a dairy cow. Among his dreams and goals is to get more cattle because in the future he wants to have a large farm like his parents. His most important goal is to finish studying for a technical career (General Accounting), which he could not finish because he had to go to Spain to work.
View original language description ↓
Ronald es un joven 24 años es soltero, hace 2 años que acaba de volver de España que se fue a trabajar , donde logro reunir lo suficiente para comprarse un taxi y actualmente trabaja de taxista y también ayuda a sus padres que se dedican a la producción de la leche cruda.

Ronald vive con sus padres en la ciudad de Cochabamba en la comunidad de la maica central, actualmente solamente tiene 3 cabezas de ganado lechero cuyo producto entrega a una empresa que se dedica a la producción de diferentes productos lácteos.

El préstamo será destinado para la compra de una cabeza de ganado lechero, entre sus sueños y metas es incrementar la cantidad de ganado lechero, ya que él quiere tener en un futuro una granja grande como de sus padres, su meta más importante es terminar de estudiar la carrera técnica (CONTABILIDAD GENERAL) que no pudo terminar por que tuvo viajar a España para trabajar.

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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ronald Michael buy a dairy cow.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Jan 28, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012