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Rosendo
Rosendo is 34 years old, lives with his wife, and has three dependent children. One of his daughters is in the sixth grade, his other son is five years old and is in kindergarten, and the youngest is still a baby. He and his wife raise pigs and farm corn. Rosendo's daily routine is very demanding and exhausting as there are various activities that require his attention. The income that he makes isn't sufficient to provide a good diet for his family, so he has decided to apply for a loan to invest in purchasing supplies to prepare a balanced diet for the pigs. This will allow him to save a little in his expenses and to have a better income that will help him to better the living conditions of his family.
View original language description ↓
El señor Rosendo tiene 34 años, vive con su esposa, tienen 3 hijos que dependen de ellos. Una de sus hijas esta cursando sexto de primaria, su otro hijo tiene 5 años y se encuentra cursando el Kínder y el menor todavía es un bebe. El y su esposa se dedican a la cría de ganado porcino y producción de maiz. El diario vivir del señor Rosendo es muy sacrificado y agotador ya que son varias actividades que tiene que atencionar. Los ingresos que obtienen no son suficientes para proporcionar una buena alimentación de su familia, por ese motivo el tomo la decisión de solicitar un crédito para invertir en la compra de insumos para preparar alimento balanceado de los cerdos y así poder ahorrar un poco en los gastos y de esta manera tener mejores ingresos que le permitan mejorar la condición de vida de su familia.

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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Rosendo to buy supplies to prepare a balanced diet.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 22, 2013