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Gregorio
Gregorio is 39 years old. He has been living together with his partner, Victoria, for more than 18 years. He has an elementary school level of education. The couple have 8 children, 6 of whom are in school. They live in Huancuni community, toward the north of Colomi, in the city of Cochabamba, on the shores of the lake. They have lived there for 18 years.

Gregorio and his partner are farmers. They grow potatoes, beans, 'oca' and 'papalisa' (native tubers). They grow some of their crops on 4 hectares of farmland that they inherited from their parents in their own community and some on a 1 hectare plot of land that they own in Paracti community. They also own 3 dairy cows, 1 cow which is raised for meat and 2 calves. Gregorio and his partner built a new house in which they invested all of their savings. They now need money to buy organic fertilizer (manure from laying hens) so that they can make the most of the low price at this time of year. They also need to buy chemical products. For this reason, they came to Cidre to request a loan.

Gregorio and his family tell us that they are very happy to have this opportunity. Now they will have a home in which they can live more comfortably and will also be able to support their children so that they can stay in school and thereby enjoy a better standard of living.
View original language description ↓
El señor Gregorio tiene 39 años de edad conviviente con la señora Victoria más de 18 años con un nivel de instrucción primaria, tienen 8 hijos de los cuales estudian 6, la familia vive en la comunidad de Huancuni hacia el norte de Colomi de la ciudad de Cochabamba a orillas del lago más de 18 años. Son agricultores cultivan Papa,Haba, Oca, Papaliza, una parte cultivan en terreno de 4 has herencia de sus padres en la misma comunidad y la otra parte en un terreno propio de 1 ha en la comunidad Paracti, cuentan con cabezas de ganado vacuno 3 lecheras, 1 de engorde más 2 terneros; Don Gregorio y su esposa hicieron construir una vivienda nueva donde invirtieron todo el ahorro que tenían, les falto dinero para compra de abono orgánico (gallinaza) aprovechando el precio bajo por la época y también para la compra de productos agroquímicos, por este motivo ellos se apersonaron a nuestra Institución Cidre a solicitar préstamo. El señor Gregorio y su familia nos dicen que están muy felices por haber tenido esta oportunidad ahora tendrán una vivienda para vivir más cómodos y como también apoyando a sus hijos para que puedan seguir estudiando para que de esta manera tengan un mejor nivel de vida.

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
  • $28,132,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Gregorio to buy organic and chemical fertilizers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013