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Severo
Severo, 49, is married and completed elementary school. He lives in his own house and has three economic dependents in his care, his children. His and his family’s economic activity is agriculture. They grow potatoes, lima beans, peas and carrots on their own land located in the community of Pairumani in Tíraque Municipality which a distance from the city of Cochabamba located along the old Santa Cruz highway at about the 90 kilometer marker.

Both Severo and his wife state that they’d like to increase the size of their cattle herd and to do so they need to request investment funds to buy them so that in the medium-run they will be able to earn additional income when they sell the cattle.
View original language description ↓
EL SEÑOR SEVERO, es una persona de 49 años de edad de estado civil casado, alcanzo a estudiar la primaria, vive en su propio domicilio, cuenta con tres dependientes económicos a cargo los cuales son sus hijos; la actividad económica a la que se dedica él y su familia es la producción agrícola; producen papa, haba, arveja y zanahoria en sus propias parcelas los mismos se hallan situadas en la comunidad de Pairumani del municipio de Tíraque distante desde la ciudad de Cochabamba sobre la carretera antigua a Santa Cruz en el Km. 90. Y finalmente el cliente y su esposa manifiestan tener el deseo de incrementar el número cabezas de sus ganados bovinos y para tal efecto se ven en la necesidad de solicitar capital de inversión para realizar la compra de los mismos y de tal forma a mediano plazo obtener ingresos económicos adicionales a partir de la venta de los ganados.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Severo to buy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 4, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013