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Eudal
Eudal, 25. lives with his wife Sandra in a rented room. They are university students and grow corn and raise pigs. They earn income from both activities that pays their education, clothing, housing, food, and other expenses. They are applying for a loan because they have piglets and sows that are gestating. The animals need nutritious feed to fatten so that they can be sold at year end when prices are most favorable. Eudal and Sandra will use the income from their businesses to finish their college education, to continue their work, and to improve their living conditions.
View original language description ↓
El señor Eudal tiene 25 años, vive con su esposa Sandra en un cuarto alquilado, ambos se encuentran estudiando en la universidad. Ellos se dedican a la producción de maíz como también crían cerdos cabañeros, ellos obtienen ingresos de ambas actividades para cubrir sus gastos de estudios, ropa, vivienda, alimentación y otros que tienen, es por eso que ellos están solicitando crédito ya que tienen lechones y también cerdas madres que están en etapa de gestación y necesitan alimento balanceado para que los engorden a los lechones y vendan a fin de año ya que el precio es muy favorable. Ellos se dedican a estas actividades y con los ingresos que adquieren quieren culminar sus estudios superiores y así tener un trabajo y mejores condiciones de 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
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Eudal to buy nutritious feed for his pigs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 5, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013