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Severino
Severino is 66 years old. It has been several years since he was widowed and since then he has lived alone with his grandchildren. Severino is a simple, humble person of limited economic resources and is very hard-working. Since the time that he was widowed he has worked hard to survive. He lives in a small adobe house. His main activity is the production of raw milk which is delivered to a company that is dedicated to the production of dairy products.

The purpose of the loan is for the purchase of a milking machine. This will help him a lot because Severino is of an advanced age and almost no longer has the strength to milk by hand. Severino says that he has to continue working in order to survive. In spite of the fact that he has a son and lives with him, he doesn’t help with the household expenses.

Severino wants to make his dreams and goals a reality, which are to increase the livestock and leave them as an inheritance to his two grandchildren.
View original language description ↓
El señor Severino tiene 66 años, hace varios años que se quedó viudo, desde entonces vive solo con sus nietos, el señor Severino es una persona sencilla, humilde, de escasos recursos económicos y muy trabajador, desde aquella vez que se quedó viudo trabajo duro para sobrevivir, vive en una pequeña casa de adobe, su principal actividad es la producción de la leche cruda, cuyo producto entrega a una empresa que se dedica a la elaboración de productos lácteos.
El destino del crédito es para la compra de una ordeñadora, esto le ayudara mucho porque el señor Severino es de una edad avanzada y casi ya no tiene fuerzas para ordeñar a mano. El señor Severino nos comenta que tiene que seguir trabajando para sobrevivir, a pesar que tiene un hijo y vive con el no le ayuda para los gastos de la casa.
El señor Severino quiere hacer realidad sus sueños y metas que es de incrementar el ganado y dejarles como herencia a sus 2 nietos.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Severino to purchase a milking machine.
75% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A