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Rene
Rene is 48 years old and a hard-working person. He lives in Quillacollo province, in Cochabamba department. He makes income to support his family by selling raw cows' milk to his neighbors. His wife makes and sells delicious La Paz chorizo.

Rene lives with his family and has four children in his care. He needs this loan to buy fodder for his cows and thereby deal with the problem of a scarcity of feed that exists in his town. This will enable him to continue feeding his cows until the situation improves.

Rene's future plans include taking out another loan to build some stables.
View original language description ↓
Rene tiene 48 años de edad, es una persona trabajadora. Él vive en la provincia Quillacollo del departamento de Cochabamba, genera ingresos para sostener a su familia, vendiendo leche cruda de vaca a los vecinos de su zona y su esposa es quien elabora y vende los deliciosos chorizos paceños.
Rene vive con su familia, tiene a su cuidado 4 hijos, necesita el préstamo para comprar forraje para su ganado vacuno y haga frente a la escases de alimento que existe en su localidad y así pueda seguir alimentando a su ganado hasta que la situación mejore.
Rene entre sus planes futuros planea sacar un nuevo préstamo edificar establos.

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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Rene to buy fodder for his cows.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012