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Paulino
Paulino is 41 years old, single, and doesn’t have any children. He has a middle school education because his parents’ limited resources did not allow him to continue. Now he lives with his mother and helps her with her fields because her health is fragile and he spends part of his income on medicine. He has a white 1997 Caldina (vehicle) which is his and his mother’s source of transportation for the sale of their harvest. He generates income by raising oranges and yucca, but it’s not enough for the care of his crops, so he needs a loan to be able to increase his orange production. This will help him financially and also improve his and his mother’s quality of life.
View original language description ↓
El señor Paulino tiene 41 años de edad es soltero, sin hijos, estudio hasta nivel secundaria, los escasos recursos de sus padres no le ayudaron a continuar sus estudios, actualmente vive con su madre ayudándole en su campo de trabajo ya que ella esta delicada de salud y parte de sus ingresos son para la compra de medicamentos, cuenta con un vehículo Caldina modelo 1997 de color blanco, el cual es la fuente de transporte de él y de su madre como también el transporte y comercialización de sus cultivos. El señor genera ingresos económicos en la producción de naranja y yuca, pero no le es suficiente para el cuidado y el mantenimiento de su cultivo, es por tal motivo que necesita un préstamo para poder incrementar la producción de naranjas esto le ayudará a tener mayores ingresos económicos y paralelamente mejorar su nivel de vida, de él y de su madre.

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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Paulino to increase his orange production.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 27, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 22, 2013