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Juan David
Mr. Juan David B. C. is 49 and he lives in the Cochabamba department, in an area of the Quillacollo province called Mallco Rancho – Sipe Sipe.
Even though Juan David’s economic condition did not grant him the opportunity to have an education, he keeps on being optimistic and hopes to improve himself in the future.
He engages in agriculture, which is also his main activity: he says that a key factor to guarantee prosperity to his activity is the supply of irrigation water, that is normally provided by rain. However, during the past two years his production has been low because of the lack of water to irrigate his plants, something that is a major concern for all the members of the community.
He aims to change this situation, and he needs to assure himself of water supply as he wants to increase his food plantation.
The reason why he has asked for a loan is to become a shareholder of a well: this will permit him to irrigate his plants and thus improve his economy. By joining the well, many of his neighbors and he himself will become shareholders of a community well, and this will give them all the chance to provide themselves with water in a safe way.
View original language description ↓
El señor Juan David B. C. tiene 49 años, vive en la zona de Mallco Rancho – Sipe Sipe, provincia Quillacollo del departamento de Cochabamba.
El señor Juan David no ha podido estudiar porque la situación económica no se lo permitía, pero siempre es optimista esperando mejorar en un futuro.

El se dedica a la agricultura, siendo esta su principal actividad, el cliente cuenta que para que le pueda ir bien en su actividad, un factor muy importante es el aprovisionamiento de agua para riego, y normalmente eso depende de que llueva. Pero estos últimos años su producción es pequeña porque no dispone de agua para regar sus plantas. Lo cual generado una preocupación en todos los comunarios.
El tiene el objetivo de cambiar esta situación y quiere incrementar su plantación de alimentos para lo cual necesita asegurar la provisión de agua.

Es por esta razón ha solicitado un crédito para ser socio de un pozo de agua que le permita regar sus plantas y mejorar su economía. Al ser socio de un pozo de agua, muchos vecinos incluyendo su persona serán accionistas de un pozo común que les permitirá a todos abastecerse de agua de forma segura.

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
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juan David to buy shares of a community well to get water to irrigate his plants.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 20, 2010
Listed
Oct 19, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012