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Gilbert
Gilbert, 28, lives with Judith. They have two minor children who are in elementary school. He makes a living in agriculture, the source of their income. He grows potatoes on a 1.5-hectare plot of land in the community of Liquintaya, and rotates the plantings. Gilbert has a lot of experience in this job.

They live in a rural community, Liquintaya, 56 kilometers from the city of Cochabamba, so it's very difficult for them to get to the banks for a loan. In addition, the banks have a lot of requirements.

Gilbert says they needed money urgently to buy agricultural supplies, organic manure (poultry). They loaned their savings to his brother to build his own house, because the brother was living in his mother-in-law's house with various other people, so it was not comfortable living in a strange house.
View original language description ↓
El señor Gilbert tiene 28 años de edad conviviente con la Sra. Judith tienen 2 hijos menores que estudian en nivel primaria, ellos se dedican a la actividad agrícola es la fuente de sus ingresos económicos producen papa, en terreno de 1,5 Has en la comunidad de Liquintaya, siembra con rotación de cultivos, Don Gilbert tiene mucha experiencia en la actividad, viven en una comunidad rural Liquintaya a 56 km de la ciudad de Cochabamba por lo tanto para ellos es muy difícil acudir a los Bancos para un préstamo de dinero además les piden muchos requisitos, Don Gilbert necesita dinero de urgencia para comprar insumos agrícolas abono orgánico (gallinaza), el ahorro que tenían lo prestaron a su hermano para que construya su propia casa, por que estaba viviendo en la casa de su suegra compartían entre varias personas la casa y vivir para ellos era incomodo en casa ajena.

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
  • 203
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Gilbert to buy poultry manure.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 25, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2014