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Severino
Severino, 37, comes from a modest family with scarce financial resources, so he farms very small lots. He lives in Quebradas in the city of Mizque, Cochabamba Department. For 19 years, he has farmed, raised cattle, and produced potatoes, beans, and onions to feed his family and sell the surplus to merchants in Mizque.

Severino is highly respected in his community for his dedication to his work and the support he provides for his family's education and well-being. He is requesting this loan to buy an agricultural lot to increase his production. This way, he will have higher income to improve his family's living conditions.
View original language description ↓
El señor Severino, tiene 37 años de edad, es de una familia humilde y de escasos recursos económicos, por lo tanto cultiva superficies muy pequeñas. Vive en la comunidad de Quebradas del municipio de Mizque del departamento de Cochabamba. Trabaja en la agricultura y la pecuaria desde hace 19 años produce y comercializa papa, frejol y cebolla para la alimentación de su familia el excedente los comercializa en el mismo lugar donde vive a los comerciantes de la misma población de Mizque. El señor Severino es una persona muy respetada en su comunidad, por la dedicación a su trabajo y por ser el responsable de la educación y el bienestar de toda su familia. El señor Severino, está solicitando el presente crédito para comprar un lote de terreno agrícola, para aumentar su producción y de esta forma tener más ingresos y mejorar las condiciones de vida de toda 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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Severino to buy an agricultural lot.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014