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Cresencio
Cresencio comes from the community of San Isidro Alto, approximately 8 km east of Tiraque. He currently lives in the community with his family, who are dependent on him. The house where they live is constructed of clay with a rustic-type tile roof. The work to which he dedicates himself is agriculture, producing potatoes, beans and grains. At the same time, he also works as a mason. The agricultural crops are produced on lands passed down from his father, who is currently living with his wife. The borrower will use the loan he is requesting for agricultural supplies, so that he can increase his production for the year. In this way, he will increase his income to support his family economically. In the area where he lives, crops are produced seasonally. He notes that he harvests his crops twice a year, and that he carries out his agricultural work together with his children, and in some cases with the help of his neighbors.
View original language description ↓
La señor Cresencio es natural de la comunidad de San Isidro Alto aproximadamente a 8 km al este de Tiraque, actualmente vive en la comunidad con sus familia a su cargo de él, la vivienda donde vive es construido de barro con techo de teja tipo rustico. La actividad a que se dedica es la agricultura que produce papa, haba y cereales al mismo tiempo se dedica al servicio de albañil los productos agrícolas son producidos en los terrenos de herencia de su padre que actualmente vive con su esposa, el señor prácticamente el crédito que está solicitando es para insumos agrícolas para poder incrementar la producción al año, así de esa manera de mejorar sus ingresos económicos para mantener su familia. En la zona donde vive el señor produce estacionalmente manifiesta que cosecha dos veces al año la producción, y los trabajos agrícolas realizan con sus hijos en algunos casos con ayuda de sus vecinos en aine.

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Cresencio to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 8, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013