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Gustavo
Gustavo is 27 years old and has lived in the tropics of Cochabamba, in a community in the municipality of Entre Ríos, for eleven years. He is from the Chitani community of the administrative division of Potosí, in the province of Charcas, one of the poorest places in Bolivia, where the land is bad for production and there is a lot of land erosion. He came from the south to the tropics like the majority of the people looking for better life opportunities. In his community the employment opportunities were dwindling, which is why he decided to leave. Over the course of years he worked as a farmhand in many agricultural jobs. He worked as a follower. With a lot of work and effort he bought his own agricultural lot, where nowadays he works in the agricultural sector. The loan he is requesting is to enable him to maintain his crops, which will allow him to keep growing. His biggest wish is to expand his crops, and in this way he can improve his standard of living.
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Gustavo tiene 27 años y radica en el trópico de Cochabamba, en la comunidad en el municipio de Entre ríos, desde hace 11 años. EL cliente es de la provincia de charcas, de la comunidad de chitani del departamento de potosí, uno de los lugares mas pobres de bolivia, donde los terrenos son malos para la producción, existe mucha erosión de tierra, vino del sur al trópico como la mayoría de las personas buscando mayor oportunidad de vida, en su comunidad las oportunidades de trabajo eran cada vez menores, por lo que decidió salir, en el transcurso de estos años trabajo como peón en muchos trabajos agrícolas, trabajaba como partidario, con mucho trabajo y esfuerzo se compró su lote agrícola, en la que hoy en día trabaja en el sector agrícola. El crédito que está solicitando es para realizar mantenimiento de sus cultivos, esto le ayudara a seguir creciendo, su deseo más grande es ampliar sus cultivos, así de esta manera podrá mejorar su 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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Gustavo to purchase agricultural inputs for the maintenance of his land.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Sep 4, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2015