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Anonymous
This man has lived with his partner, Elizabeth, for two years. They have a one-year-old son. They know how to read and write. The family has lived in the community of Palta Loma, Huancuni union to the north of Colomi for more than two years. His economic activity is agricultural production. They tell us that going to the banks in the city of Cochabamba is too far and they ask for many requirements, which is the reason why the opportunity was taken to grant a loan for what they need to purchase organic fertilizer, potato seed, and more agrichemical products.

Finally, this man and his wife tell us that with this money, they are going to cultivate more land, since this year they had good economic income, so that next year they will have a better life for the sake of their family.
View original language description ↓
El señor es conviviente con la señora Elizabeth hace 2 años atrás, tienen un hijo dependiente de un año, saben leer y escribir, la familia vive en la comunidad de Palta Loma sindicato Huancuni hacia el norte de Colomi más de 2 años.
Su actividad económica es la producción agrícola, lo cual ellos nos cuentan que acudir a los Bancos de la ciudad de Cochabamba les queda muy lejos además les pidieron muchos requisitos, razón por la que se tuvo la oportunidad de otorgarles un crédito para lo que ellos necesitaban para compra de abono orgánico (gallinaza), semilla de papa más productos agroquímicos.

Por último el señor y su esposa nos cuentan que con este dinero van a cultivar en más superficie ya que este año tuvieron un ingreso económico bueno, así para el siguiente año ya tener una vida mejor que ahora en bien de 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
  • 239
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped this borrower to purchase organic fertilizer for farming.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2011
Listed
May 29, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 21, 2012