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Elvis
Elvis is 26 years old and he is married. He finished high school, specializing in humanities. He lives in his own home and he has two financial dependents, who are his two young children. His main source of income is farming; he grows potatoes, broad beans, and barley on his own plots and on neighborhood plots (in other words, he prepares the land and seed for other people's land; they provide the labor and some farming supplies, and at harvest time they split the yield evenly). The land where he lives and does his planting are in the community of Sankayani Bajo in the municipality of Tíraque, which is about 77km from the city of Cochabamba. He and his wife are finally showing signs of wanting to increase their farming production and to do so they need to ask for investment money to buy farming supplies and thereby improve their family's living conditions by increasing their production.
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El señor Elvis, es una persona de 26 años de edad de estado civil casado, alcanzo a estudiar el bachillerato en humanidades, vive en su casa propia, cuenta con 2 dependientes económicos a cargo los cuales son sus pequeños hijos; la actividad económica principal a la que se dedica es la producción agrícola; produce papa, haba y cebada en sus propias parcelas y en compañía (es decir en terrenos de otra persona la misma dispone el terreno, semilla y los clientes la mano de obra y algunos insumos utilizados en la agricultura y a la cosecha el rendimiento final se dividen en partes iguales); los terrenos donde el cliente vive y realiza la siembra sus productos se hallan situadas en la comunidad de Sankayani Bajo del municipio de Tíraque distante aproximadamente a unos 77 Km. desde la ciudad de Cochabamba. Finalmente el cliente y su esposa manifiestan tener ganas de poder incrementar su producción agrícola y para tal efecto se ven en la necesidad de solicitar capital de inversión para la compra de insumos agrícolas y de tal forma mejorar las condiciones de vida de la familia atravez de incrementar su producción.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,020,400
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Elvis to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 11, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013