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Felix
This borrower is 32 years old and has lived in the Entre Ríos area of the Tropic of Cochabamba for the past three years.


Felix came to the tropic from the Charcas province in the Department of Potosí for better work opportunities, as the common products in his community are more and more expensive because of the climate and they can barely survive.


He indicates that he had come to the tropic with some clothing and a little money. There, he helped carrying seasonal fruit to the intermediaries who sell it in the cities of Santa Cruz and Cochabamba. He also still continues to work supporting other pieces of land. He is a very dynamic person.


Over time, he saved little by little and bought a piece of farming land and planted crops like bananas and annual crops like rice and yucca. Now he is requesting a loan to continue expanding his banana plantation so that he can make a higher income. In the future, he wants to buy a vehicle to be able to transport his crops and not depend a lot on public transportation.

View original language description ↓
El cliente tiene 32 Años, vive en el trópico de Cochabamba en la localidad de entre ríos, desde hace 3 años.
El señor Felix, vino al trópico, de la provincia Charcas del departamento de Potosi, por mayor oportunidad de trabajo, ya que en su comunidad la producción por motivos climaticos, los productos de la canasta familiar son cada vez más caros, apenas alcanza para sobrevivir.

Cuando llegó indica, que se vino con unas cuantas ropas y con poca plata, ahí ayudaba a cargar fruta de temporada a los intermediarios, que comercializaban en la ciudad de Santa Cruz y Cochabamba, tambien aun sigue trabajando como partidario en otras parcelas. Es una persona bastante dinamica.

Con el transcurso del tiempo fue ahorrando poco a poco y fue comprándose un lote agricola y fue plantandose cultivos como ser: platano y cultivos anuales (arroz, yuca), ahora el cliente solicita el crédito para seguir ampliando su plantacion de platano y de esa manera tener mas ingresos, el cliente desea a futuro comprar un vehiculo para poder transportar ahí su produccion, de esa manera. No depender mucho de un transporte publico.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $30,204,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Felix operational capital for farming.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Feb 25, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013