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Elber
Elber is a young man of 19. He is single and lives with his parents at the moment. He is, however, financially independent. He works in agriculture, growing potatoes, locoto chillies and pumpkins, in rotation, on 2 hectares of land, which is an inheritance of his parents. He has a lot of experience in this business. The community of Corani Pampa is 72 km away from Cochabamba. Elber needs urgent funds to buy agricultural supplies, organic fertilizer and agricultural chemicals. The chilli fields need to be fertilized and treated with pesticides to guarantee enough food and secure their financial security. Elber paid his savings to his father as an advance on the land. Later he will build his own house and start a family, which is one of his dreams.
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El joven Elber tiene 19 años de edad estado civil soltero actualmente vive conjuntamente con sus padres, pero económicamente es independiente, se dedica a la actividad agrícola produce papa, locoto, zapallo con rotación de cultivos en terreno de 2 Has que es herencia de sus padres, tiene mucha experiencia en el rubro, la comunidad de Corani Pampa se encuentra a 72 km de la ciudad de Cochabamba, el joven Elber necesita dinero de urgencia para comprar insumos agrícolas abono orgánico, productos agroquímicos, los cultivos de locoto tiene que abonar y el tratamiento fitosanitario así garantizar la seguridad alimentaria y la economía, con el ahorro que tenía dio un adelanto a su padre del terreno agrícola, posteriormente construirá su propia casa y formar la familia que es uno de los sueños.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,636,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Elber to buy agricultural supplies.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 28, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015