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Juan
Juan, 38, lives with his wife and they have four children who depend on them. Two children help him plant peanuts and corn, since they don't have the money to pay helpers. Their other daughter is studying in another municipality, located seven hours from Monteagudo, where she works part-time as a maid to cover her expenses since her father cannot send her what she needs. She goes to classes at night. His younger son studies in the local school.

Juan's daily life is concerning because his income is not enough to feed his family well and send his children to school. He works in agriculture and his wife raises chickens and pigs as well as taking care of the house. With the loan he receives, he will invest in sowing potatoes and he will be able to make additional income to improve his family's quality of life.
View original language description ↓
El señor Juan tiene 38 años, vive con su esposa, tienen 4 hijos que dependen de ellos. Dos hijos ayudan a su padre en la siembra de maní y maíz, ya que no le alcanza el dinero para pagar ayudantes. Su otra hija se encuentra estudiando en otro Municipio, ubicado a 7 horas de Monteagudo, donde trabaja medio tiempo de empleada para poder cubrir sus gastos ya que su padre no puede mandarle lo necesario, pasa clases por las noches. Su hijo menor estudia en la escuela de la Comunidad. El diario vivir de Juan es muy preocupante ya que los recursos económicos que gana no le alcanza para proporcionar una buena alimentación a su familia y hacer estudiar a sus hijos. Él se dedica a la agricultura y su esposa a la cría de gallinas criollas y cerdos a parte de cuidar los que aceres de la casa. Con el crédito que se le va a otorgar invertirá en la siembra de papa y podrá obtener un ingreso adicional para mejorar la condición de vida de su familia.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,450 helped Juan to buy supplies to sow potatoes.
66% repaid
Repayment Term
40 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
Covered