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Marcelino
Señor Marcelino is 29 years old. He lives with his wife Ayde. Their home is located in Monteagudo, in Fernandez canton, in the community of El Puente. Their principal activities are raising and selling the local breed of pigs, and also producing and selling Amarillo Blando (soft yellow) corn. He also produces and sells hot peppers. He sells part of his agricultural production and with the rest he feeds his pigs and also his family.

Marcelino has two young children, one of whom is studying in school. It is for this reason that they work hard to cover the educational expenses of their son, so that he can continue his schooling until he becomes a professional, and to have a better life. He needs the loan to plant corn that will be destined for feeding his pigs. With this they will improve the diet of their pigs, which will mean income that will help them cover the studies of their son.
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El señor Marcelino tiene 29 años de edad, vive con su esposa Ayde, su domicilio está ubicado en Monteagudo, Cantón Fernández comunidad el Puente. Sus principales actividades de los clientes son la cría y venta de cerdos criollos, también producción y venta de maíz amarillo, blando , por otra parte produce y vende ají una parte de su productos agrícolas lo vende y con lo restante lo alimenta sus cerdos como para la alimentación de ellos mismos. Marcelino tiene 2 hijos menores, uno se encuentra estudiando en la escuela, es por eso que trabajan arduamente para cubrir los gastos de estudios de su hijo, para que él pueda continuar sus estudios hasta salir profesional y tener una mejor vida. Necesita crédito para sembrar maíz que será destinado para alimentar sus cerdos, Con esto mejoraran la alimentación de sus cerdos, lo que podrá significar ingresos que les ayudara a cubrir los estudios de su 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

  • $5,500
    Average annual income
  • 181
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Marcelino to buy seeds for corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 3, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013