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Aquilino
Aquilino has worked as a farmer for many years. Since he’s an owner the responsibility falls on him. He has a field located in the Sindicato Estaño Palmito where he grows papaya, bananas and citrus fruit to produce and for his family’s sustenance. He has come by to request a loan to help with his papaya crops. He will buy papaya seedlings to make them grow. The client is a member of the middle class and a person from the place who very much wants to work and who is very dedicated. The loan will be very helpful for his family’s progress and to develop more production and help his way of life since he has two dependent children to support.
View original language description ↓
El cliente Aquilino trabaja hace muchos años como agricultor, como el es propietario en el recae la responsabilidad donde se encuentra ubicado el lote agrícola en el Sindicato Estaño Palmito donde tiene la producción de papaya, plátano y cítricos para la producción y sustento de su familia. Entonces el cliente recurre a solicitar un préstamo el cual le ayudara en la plantación de papaya; comprara plantitas de papaya para poder hacerlas producir. El cliente es de sociedad media y persona del lugar con ganas de trabajar y empeñoso. Por lo que el credito le ayudara mucho en el progreso de su familia y desarrollar mas la producción y su forma de vida ya que tiene 2 hijos dependientes a quienes tiene que mantener.

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
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Aquilino to buy papaya plants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012