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Felipe
Felipe is 32 years old. He was born in the province of Carrasco in the departament of Cochabamba. He went to school up to the fifth grade. Since he was a boy he helped his parents farm. He has a lot of experience growing bananas. He has worked independently for 9 years with his own land parcels. At first it was difficult to go off onhis own because he didn't have the financial resources to start the activity. The help his father gave him with the labor wasn't enough, because from the beginning he decided to start with 5 hectares. He decided to take out a loan. In order to improve his banana production, he has to apply fertilizer, chemical or organic, depending on how old each tree is. Tthat is why he is asking for a loan to maintain the banana production. This will help him to maintain his income.
View original language description ↓
Don Felipe tiene 32 años, nació en la provincia Carrasco del departamento de Cochabamba, estudio hasta quinto básico, desde niño ayudo a sus padres en la agricultura, tiene bastante experiencia el rubro de producción de banano, hace 9 años que trabaja de forma independiente tiene sus propias parcelas para producción, aun principio le fue dificultoso independizarse porque no contaba con recursos económicos para el inicio de la actividad, la ayuda que le brindaba su padre con mano de obra no le abastecía, debido a que desde un principio él se propuso comenzar con 5 has., de pronto pensó en sacar un préstamo, para mejorar su producción de banano hay que mantener con la aplicación de fertilizantes ya sea químico u orgánico, esto dependiendo de los años de producción que tienen las plantas, es por tal razón que él solicita un préstamo para mantener la producción de banano, esto le ayudara mantener sus ingresos económicos.

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
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,131,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Felipe to buy chemical or organic fertilizer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013