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Hugo
Hugo, age 23, has a bachelor's degree, is single, and does not have children. He has dreams about continuing his education, but for lack of funds he is not able to continue studying. He is currently living in his parents’ house. They are elderly, and they are not able to pay for their son’s education.

However, his friends and neighbors say that he is hard-working. He presently works on an agricultural plot of land that his parents gave him. He grows corn and yucca. However, this does not give him enough to save and finish his education at a professional level.

That is the reason he wants to improve his income by planting passion fruit. Hugo needs a lot of financial help in order to improve his income. This way he will be able to be a great professional. He wants to be a lawyer in order to defend people who needs his help.
View original language description ↓
Hugo, tiene 23 años de edad es bachiller, soltero sin hijos, tiene sueños de seguir estudiando pero por falta de economía no puede seguir estudiando, actualmente vive en la casa de sus padres, quienes son personas mayores ya de tercera edad no pueden costearle los estudios a su hijo pero el muchacho es trabajador lo comentan sus amigos y vecinos por ahora se dedica a trabajar en una parte del lote agrícola que le otorgaron sus padres tiene cultivos de maíz y yuca pero no le es suficiente para que ahorre y termine sus estudios a nivel profesional por tal motivo quiere mejorar sus ingresos con plantaciones de maracuyá, el joven Hugo, necesita mucha ayuda económica para mejorar sus ingresos y así pueda ser un gran profesional, él quiere ser abogado para defender a personas que necesiten de su ayuda.

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
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Hugo to buy supplies to plant passion fruit.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 3, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2014