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Mirael
Mr. Mirael Ríos M., 40, together with his four children and wife are farmers. They live in Molle Aguada Alta, Mizque province, Cochabamba department. Due to the remoteness of the town and the arid conditions of the soil he cannot farm continuously and has only one crop per year.

Mirael and his entire family tried to seek better lives in town and in the city but due to his health he wasn’t able to withstand any of the places he attempted to live. He has hypertension and diabetes so he had to return to Molle Aguada Alta.

But he worries about his children because they are growing up in the wilderness far away from schools and because of the poverty in which they live they can’t afford to leave their children in town to go to school.

With the requested loan they hope to improve production. They want to buy more seed and manure to improve and increase production thus increasing income which will lead to a better life for the entire family.
View original language description ↓
El Sr. Mirael Ríos M. a sus 40 años con 4 hijos junto a su esposa trabajan en la agricultura, vive en la Comunidad de Molle Aguada Alta Provincia Mizque del departamento de Cochabamba por la lejanía del pueblo y por los suelos áridos en el lugar donde vive no tiene una producción continua al año tiene una sola cosecha.

El Sr. Mirael y toda su familia intentaron buscar vidas mejores en el pueblo y en la ciudad por su estado de salud el Sr. Mirael no pudo resistir en los lugares que intento vivir. El Sr. Mirael sufre de presión alta y diabetes por este motivo tuvo que regresar a la Comunidad de Molle Aguada Alta, pero él se preocupa demasiado por sus hijos ellos están creciendo en el campo y la distancia para ir a la escuela es muy lejos y por la pobreza que llevan no les alcanza para que sus hijos se queden a estudiar en el pueblo.

Con el crédito que solicitan ellos esperan aumentar su producción, desean comprar más semillas y abonos para mejorar y aumentar su producción y aumentar sus recursos económicos para tener una mejor vida con toda su familia.

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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,424,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mirael to buy manure and seed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 3, 2010
Listed
Aug 13, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012