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Ricardo
Ricardo, 50, comes from a humble family of scarce economic resources which is why he farms on very small surfaces. He lives in the community of Quebradas in Mizque Municipality, Cochabamba Department. He’s worked in agriculture and raising cattle for 20 years. He grows onions, beans and tomatoes to feed his entire family and what’s left over is sold in the same place where he lives to merchants in Mizque.Ricardo is very well-known in his community because of his dedication to work and for being responsible for his children’s education. Ricardo is requesting the present loan to buy more seeds, manure and farm chemicals to improve and increase his crop yields thus earning more income and to improve his entire family’s living conditions.
View original language description ↓
El señor Ricardo, tiene 50 años de edad, es de una familia humilde de escasos recursos económicos por 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 ganadería desde chace 20 años, produce cebolla, frijol y tomate para la alimentación de toda su familia y los excedentes los comercializa en el mismo lugar donde vive a los comerciantes de la misma población de Mizque. El señor Ricardo, es una persona muy conocida en su comunidad, por la dedicación a su trabajo y por ser el responsable de la educación de sus hijos. El señor Ricardo, está solicitando el presente crédito, para comprar más semillas, abonos y agroquímicos, para mejorar la calidad y 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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Ricardo to buy farm supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 20, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 23, 2013