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Leonardo
Leonardo has been married to his wife Alberta for 18 years, and they have 8 children. They reside in Colomi, Cochabamba, Bolivia. Leonardo is a driver and farmer. In years past, harvests were meager so he obtained a loan to buy a vehicle to transport passengers between Colomi and Cochabamba. Aside from driving, he continues to grow potatoes and beans and seeks this credit in order to obtain fertilizer and crop seed. With this assistance, Leonardo plans to expand the amount of land under cultivation and better provide for his 8 children.
View original language description ↓
El señor Leonardo es conviviente con la señora Alberta más de 18 años, tienen 8 hijos dependientes que estudian de diferentes edades, familia muy humilde viven en Colomi calle 13 de noviembre entre Cochabamba zona sud hace 2 años atrás.

El señor Leonardo es transportista y agricultor, nos dice que anteriormente en la producción agrícola le fue muy mal por esa razón el compro un vehículo sacando un préstamo de un Banco para trabajar con pasajeros de Colomi hacia Cochabamba y viceversa, pero sigue cultivando papa, haba, oca por lo cual ellos se apersonaron a solicitar un crédito porque necesitan dinero para comprar abono orgánico (gallinaza), semilla de papa.

El Señor Leonardo y su esposa se sienten felices por haber tenido esta oportunidad, que ahora ellos quieren volver a sembrar en más superficies teniendo mejores ingresos económicos con las dos actividades que realiza transporte y producción agrícola y asi brindarles una mejor calidad de vida a sus 8 hijos tanto en el estudio como para una vida mejor hacia el futuro.

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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,505,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Leonardo to buy fertilizer and seed to grow potatoes.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 14, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012