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Humberto
Humberto, 35, lives with his wife Yolanda. Their home is located in the Puente community, about 45 kilometers from the city of Monteagudo. His main job is raising pigs. He raises them in rustic corrals. He is applying for a loan to improve the roof of the shed, because it is in a bad state, and to buy seed for pasture grasses to plant it and have food for his cattle. He will enclose his land with wire and that way his animals will be in a more secure place. Humberto and Yolando have three children who are currently studying. The parents want to increase their income in order to cover the costs of school, supplies, clothing, and other needs their children have. That way, they can finish their schooling, become professionals, and have a better life.
View original language description ↓
El señor Humberto tiene 35 años de edad, vive con su esposa Yolanda, su domicilio esta ubicado en la comunidad del Puente a unos 45 km de la Ciudad de Monteagudo. Su principal actividad es la cría de cerdos mejorados, los crían en corrales rústicos por ello que esta solicitando crédito para poder mejorar el techo del galpón ya que se encuentra en mal estado y comprara semilla de pasto para sembrarlo y tener alimento para el ganado vacuno que tiene y con el alambre encerrara el terreno así tener sus animales en un lugar mas seguro. Humberto y Yolanda tienen 3 hijos que se encuentran actualmente estudiando, es por eso que sus padres quieren mejorar sus ingresos para cubrir los gastos de estudios, útiles, ropas y otros de sus hijos y así puedan concluir sus estudios hasta salir profesionales y tener una mejor vida.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Humberto to improve the roof of his shed and buy seed for animal feed.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014