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Humberto
Humberto is 32 years old, single and currently lives with his parents, but economically he is independent. He earns a living farming two hectares of land, which is his inheritance from his parents. He produces potatoes, olluco [a type of tuber] and broad beans, with crop rotation. He has a lot of experience in this field. The community of First Toncoli is 51 km from the city of Cochabamba.

Humberto comments that he urgently needs money to buy potato seed and organic fertilizer as his land is already prepared for planting for this season. This will ensure that they have enough to eat.

The savings he had was spent on the construction of his house. Humberto is an entrepreneurial person and his dream is to have his own home.
View original language description ↓
El señor Humberto tiene 32 años de edad estado civil soltero actualmente vive conjuntamente con sus padres, pero económicamente es independiente, se dedica a la actividad agrícola en terreno de 2 Has que es herencia de sus padres produce papa, papaliza, haba, con rotación de cultivos tiene mucha experiencia en el rubro, la comunidad de 1er toncoli está a 51 km de la ciudad de Cochabamba, Humberto nos comenta que necesita dinero de urgencia para comprar semilla de papa, abono orgánico que su terreno está preparado ya para la siembra de esta campaña agrícola así garantizar la seguridad alimentaria, el ahorro que tenía gastos en la construcción de su vivienda, Humberto es una persona emprendedor y su sueño era tener su propia casa.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Humberto to buy organic fertilizer and potato seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 5, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013