Check out some available loans that are similar to this one!
Petrona
Petrona is 53 years old, and has nine children with her husband, Zenón. Four of their children are grown and independent, and two of those children are working in Spain, since their lack of resources and work at home drove them to seek employment overseas. Five of their children are still in school, and live with Petrona and her husband in the community of Sauce Rancho, which is located in the city of Cochabamba and is known for its farming and agricultural production. The region produces onion, potato, chard, parsley, and other vegetables. Petrona, with help from her husband, works very hard to make a living as a farmer and provide for her children.

With the support from this loan, Petrona plans to purchase seeds and manure for planting her crops. She hopes that this investment will help her to increase her production levels and generate additional income. Her dream is to support all of her children in their pursuit of a professional career, in the hope that they will improve their quality of life. She also hopes that one day her two children living abroad will return home to be with their family.
View original language description ↓
La señora Petrona tiene 53 años está casada con el señor Zenón, juntos tiene 9 hijos de los cuales 4 son independientes y dos se encuentran en España trabajando, ya que por falta de recursos económicos tuvieron que inmigrar a ese país, por lo tanto la cliente aún mantienen a 5 hijos que actualmente se encuentran estudiando. La señora Petrona y su familia viven en la comunidad de Sauce Rancho de la ciudad de Cochabamba, su principal actividad es la agricultura, cuenta con terrenos agrícolas donde producen Cebolla, Papa, Acelga, perejil y otras verduras, la señora Petrona con la ayuda de sus hijos y de su marido sigue trabajando fuerte para poder mantener a sus 5 hijos. El destino del crédito es para la compra de semillas y abonos para su próxima temporada de siembra, con lo cual aumentara su producción y generara más ingresos. Entre sus sueños y metas es que sus hijos puedan estudiar una carrera profesional para que de esa manera puedan tener un mejor nivel de vida y que sus dos hijos vuelvan que otra vez vuelvan ha estar juntos.

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,596,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Petrona to purchase manure and seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 27, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014