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Octavian
Octavian is 45 years old, married, studied through primary school, lives in his own house, and has a dependent son.

His main economic activity is agriculture, growing potatoes, achojcha [light green vegetable, slightly ribbed, and hollow] and choclo (corn) on his own land that is located in the community of Conda Arriba of the municipality of Pocona, approximately 145 km from the city of Cochabamba. Also, during harvesting season, he lends his services to transport loads of vegetables with his own truck from his community to the city of Cochabamba generating an additional income.

And finally Octavian says that he has the desire to excel and to this end he sees the necessity of asking for capital to invest for residential construction (fine workmanship) as a way to improve the quality of life for his son.
View original language description ↓
El señor Octavian, es una persona de 45 años de edad de estado civil casado, alcanzo a estudiar la primaria, vive en su propia casa, cuenta con un dependiente económico a cargo el cual es su hijo; la actividad económica principal a la que se dedica es la agricultura, produce papa, achojcha y choclo (maíz) en sus propios terrenos que se hallan situados en la comunidad de Conda Arriba del municipio de Pocona distante aproximadamente a unos 145 Km. desde la ciudad de Cochabamba. Asimismo el cliente en épocas de cosecha presta sus servicios de transporte de carga de hortalizas con su propio camión desde su misma comunidad a la ciudad de Cochabamba generando un ingreso económico adicional. Y finalmente el señor Octavian manifiesta tener el deseo de poder superarse y para tal efecto se ve en la necesidad de solicitar capital de inversión para la construcción de sus nuevas viviendas (obra fina) y de tal forma poder mejorar la calidad de vida de su dependiente.

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
  • 205
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Octavian to buy material for fine workmanship in order to finish the construction of his house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 24, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2014