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Juan Jose
Juan Jose, 22, lives in Bolivia. He is a single and does not have children. Currently, he continues his studies at the University and at the same time he works at a company called EDSON as a messenger. He also makes his living in farming where he sows potatoes on his mother’s land. He is a humble and hardworking young man. He works to pay for his studies and help his family. His father had an accident many years ago and is unable to work so he must help his mother with household expenses and at the same time pay for his schooling at the University. Juan Jose studies in the early morning and in the evening. During the day, he works.

The loan he is requesting is for the purchase of potato seeds and fertilizer. Juan Jose does not have much capital to invest in his crop so he is requesting this loan to grow potatoes so that he can help his mother and increase his earnings to that he can help with household expenses.
View original language description ↓
Juan Jose de 22 años de edad vive en Bolivia, es soltero y no tiene hijos, actualmente sigue estudiando en la Universidad y a la ves trabaja en la empresa comercial EDSON de mensajero, también se dedica a la agricultura donde siembran papa en las tierras de su madre, es un joven humilde y trabajador, él trabaja para poder pagar sus estudios y ayudar a su familia, su padre tuvo un accidente hace muchos años donde esta incapacitado para trabajar así que él tiene que ayudar a su madre con los gastos familiares y a la ves poder pagar sus estudios de la Universidad Juan Jose estudia por las madrugadas y por las noches y en el día restante trabaja. El presente crédito que solicita es para la compra de semilla de papa y abonos químicos, Juan Jose no cuenta con mucho capital para su inversión de su cultivo así es que él requiere el préstamo para poder cultivar papa y poder ayudar a su madre y mejorar sus ingresos para poder colaborar con los gastos familiares.

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
  • 232
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Juan Jose to purchase fertilizer and potato seeds.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2014