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Miguel Angel
Miguel Ángel is 23 years old. He lives with his wife and his 4-year-old son in his wife's parents' house. The house is located in the village of Vallecito, 35 kilometers away from the city of Monteagudo. They grow corn and also raise breeding pigs. From both these businesses they obtain profits in order to pay for their clothing, food, housing and other expenses. They're requesting a loan to purchase balanced feed for the piglets and the sows who are currently gestating. The piglets are for fattening and selling at the end of the year, since prices are very favorable during this time of the year. Miguel Ángel's biggest wish is to increase his profits so that he can acquire his own plot of land for farming and also build a little house of his own. Therefore he'll be able to improve his wife's and his son's living conditions.
View original language description ↓
El señor Miguel Ángel tiene 23 años, vive con su esposa y su hijo de 4 años en casa de sus suegros, padre de sus esposa, el domicilio esta ubicado en la comunidad de Vallecito a 35 Km. de nuestra ciudad de Monteagudo. Ellos se dedican a la producción de maíz como también crían cerdos cabañeros, obtienen ingresos de ambas actividades para cubrir sus gastos de alimentación, ropa, vivienda y otros que tienen. Están solicitando crédito para el alimento balanceado de los lechones y también cerdas madres que están en etapa de gestación. Los lechones son para engorde y venta a fin de año ya que el precio en esta época del año es muy favorable. El mayor deseo de Miguel Ángel es mejorar sus ingresos para poder adquirir su propio terreno para trabajar en el campo y construir su casita y así poder proporcionar una mejor vida para su esposa e hijo.

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

  • $2,817
    Average annual income
  • 128
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Miguel Angel to purchase balanced feed for his pigs.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2013