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Hilario
Hilario R. C. is 61 years old and he has been married with Felipa Miranda Ledezma for 15 years. They have lived in the community of Primara Canderlaria for 23 years, located north of Colomi. They have 6 children who are dependents and they are in grade school and in high school.

Hilario and his wife are agriculturists and they also raise cattle. They need the loan to purchase organic fertilizer (chicken fertilizer) and to purchase potatoes seedlings, with the goal of increasing production. This year the products have become more expensive and to pay for the high school and professional training for his children. He wants to give them a better future and it is the reason for the initiative he took to go the region to request a loan.

Hilario says that requesting loans from other financial institutions requires him to travel very far, to the city of Cochabamba, and they have a great many requisites.
View original language description ↓
El señor Hilario Rodríguez C. tiene 61 años de edad, casado con la señora Felipa Miranda Ledezma mas de 15 años radican en la comunidad de Primera Candelaria hacia el norte de Colomi hace 23 años atrás, tienen 6 hijos dependientes de diferentes edades que estudian en nivel primaria y secundaria.

El señor Hilario y su esposa se dedican a la producción agrícola a la vez al cuidado de sus animales de ganado vacuno, necesitan un crédito para comprar abono orgánico (gallinaza) y semilla de papa, con el objetivo de ampliar su producción agrícola ya que este año los productos subieron de precio, además por las exigencias económicas para su estudio de sus hijos hasta que salgan bachilleres y profesionales, que tengan un futuro mejor , por lo cual se tubo la iniciativa de ir a la zona y facilitar el presente crédito.
El señor Hilario nos cuenta que acudir a las Entidades Financieras le queda muy lejos a la ciudad de Cochabamba y piden muchos requisitos.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hilario to purchase organic fertilizer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 8, 2011
Listed
Feb 25, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012