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Prudencio Fredy
Fredy is 27 years old and lives in Valle Tunari, a town near Ivirgarzama. He studied up to the first year of intermediate school because his mother did not have enough money for him to continue studying. He has been married for four years and is the father of two children. He and his wife are dedicated to helping and supporting their children with their education. He has been working as an independent farmer for five years and for the past six years, he has been driving a vehicle and providing private passenger service on the weekends in order to increase their family income. His wife helps him generate income by working on the farm. They cultivate yucca, rice, and coffee annually to sell at the local market. The client is requesting the loan to continue coffee cultivation. This will increase coffee production and income, and in this way, help him to have a better standard of living
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El señor Fredy, tiene 27 años, vive en Valle Tunari una población cercana a Ivirgarzama, curso hasta el primero intermedio, por escasos recursos de su madre no continuo estudiando, actualmente es casado hace 4 años y es padre de dos hijos a los que ayuda y apoya en su educación con esmero junto a su esposa, hace 5 años que se dedica a la agricultura de manera independiente y 6 años que conduce un vehículo y presta servicio de transporte de pasajeros de forma particular los fines de semanas, esto para incrementar sus ingresos familiares, su pareja le ayuda a generar ingresos económicos dedicándose al área agrícola, donde anualmente cultiva yuca, arroz y café para vender al mercado local, el cliente solicita que se le de un credito para hacer mantenimiento del cultivo de café, esto le incrementara la producción de dicho cultivo y también el ingreso económico, así le ayudara a tener 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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Prudencio Fredy to improve coffee cultivation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013