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Sergio
Sergio S. is 28 years old and lives in the Malico Rancho - Sipe Sipe region in the province of Quillacollo in Cochabamba, Bolivia.

S. is a very simple, humble man. He studied through his bachelor's degree but could not continue his studies because of his economic situation; he is single and he hopes to improve his financial situation in the future.

He works in agriculture and as a construction assistant.

He does not produce a lot of crops because he doesn't have enough water to irrigate his plants. This is why he has looked for other work to support himself.

He still cultivates his crops each year but he would like to change this situation by assuring himself of enough water to irrigate his plants.

This is why he is seeking a loan to buy shares of a water well which will allow him to irrigate his plants and improve his income.
View original language description ↓
El señor Sergio S. tiene 28 años, vive en la zona de Mallco Rancho – Sipe Sipe, provincia Quillacollo del departamento de Cochabamba.

El señor S. es una persona sencilla y humilde, ha estudiado hasta el bachillerato pero no ha podido continuar sus estudios por su situación económica, es soltero y espera en un futuro mejorar su situación económica.
El se dedica a la agricultura y también como ayudante de albañil.

Produce alimentos en pequeña cantidad porque no tiene suficiente agua para sembrar mas plantas. Es por esta razón que ha tenido que buscar otra ocupación para poder mantenerse.

Todavía sigue cultivando anualmente, pero tiene el objetivo de cambiar esta situación asegurándose de tener suficiente agua para usarla en la agricultura.

Es por esta razón que ha solicitado un crédito para ser socio de un pozo de agua que le permita regar sus plantas y mejorar su economía.

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
  • 172
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sergio buy shares in a water well for irrigation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 1, 2010
Listed
Oct 31, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012