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Andres
Andres is 40 years of age and married. He attained a grade school education and lives in his own house. He has four economic dependents for whom he is responsable: his children. The main business of the borrower and his family is agriculture. They produce potatos, corn, barley, and wheat in their fields that are found situated in the community of Tuturuya Alto in the municipal of Tíraque, which is approximately 72 kilometers from the city of Cochabamba. The borrower and his wife demonstrate the desire to be able to increase their potato production and for such an effect, they see that it's necessary to request investment capital for the acquisition of seeds and chicken manure (the major organic fertilizer used in this area) in order to improve the yield of the tuber (potato) and in this way, improve the living conditions of his family.
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El Señor Andres, es una persona de 40 años de edad de estado casado, alcanzo a estudiar la primaria, vive en su casa propia, tiene 4 dependientes económicos a cargo los cuales son sus hijos, la actividad principal a la que se dedica el cliente y su familia es la agricultura, producen papa, maíz, cebada y trigo en sus propias parcelas que se hallan situadas en la comunidad de Tuturuyu Alto del municipio de Tíraque distante aproximadamente a unos 72 Km. de la ciudad de Cochabamba. Asimismo el cliente y su esposa manifiestan tener el deseo de poder incrementar su producción de papa y para tal efecto se ven en la necesidad de solicitar capital de inversión para la adquisición de semilla y abono de gallinaza, principal fertilizante orgánico que se utiliza en esta zona para mejorar el rendimiento del tubérculo y de esta forma mejorar las condiciones de vida 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

  • $2,817
    Average annual income
  • 84
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Andres acquisition of seeds and chicken manure (organic fertilizer).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 9, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013