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Gregorio

Update on Gregorio

Gregorio is from the Pairumani Alto community in the Tiraque province in the department of Cochabamba. It is located approximately 90 kilometers from the city of Cochabamba on the old road to Santa Cruz. He currently lives in said community with his wife and their two dependent children.

The house where he lives is very basic with a tile roof, mud plastering, and a concrete floor. He is from a very humble family.

His business activity is farming. Tubers, grains, and different products are produced in the area, and the dams in the area provide the irrigation.

The current loan that he is requesting is for agricultural supplies. His objective is to improve his income in the coming year. He has been a client for a long time, and he made his previous loan payments without difficulty. He is requesting his third loan.
View original language description ↓
El señor Gregorio es natural de la comunidad de Pairumani de la Provincia de Tiraque del Departamento de Cochabamba está ubicado aproximadamente a 90 km de la ciudad de Cochabamba sobre la carretera antigua a Santa Cruz, actualmente es natural y vive en la dicha comunidad con sus dos hijos que depende de él y junto a su esposa, la vivienda donde vive es rustico con techo de teja con revoques de barro con piso de concreto, el señor es de una familia muy humilde. Su actividad económica es la agricultura que producen tubérculos y cereales en la zona produces diferentes productos tienen riego que son distribuidos de por represas. El presente crédito que está solicitando es para insumos agrícolas el cliente tiene el objetivo de mejorar sus ingresos en los próximo año como también es cliente antiguo que cancela sin dificultad sus cuotas de los anteriores prestamos, asimismo está solicitando el tercer crédito.

Previous Loan Details

Gregorio Z. M. is from the Pairumani Alto community in the Tiraque province in the department of Cochabamba. He was born on January 1st of 1961 and is 40-years-old. The house where he lives has a thatch roof with clay walls. Gregorio works in agriculture with just his family and in some case... More from Gregorio's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $2,817
    Average annual income
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Gregorio to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 20, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Gregorio. It was first posted on Kiva on May, 2011. Learn More