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Virgilio
Virgilio is 45 years old and married with four children. His children attend the school in his community, which is 5 kilometers away from their home.

Virgilio has made a living in agriculture for more than 20 years. There was a drought during the last harvest, and he lost crop yield because of the lack of water. This disaster caused a failure in his earnings. This eventually affected his entire family, who depend on the harvests that he produces every year.

Virgilio is a very beloved and respected person in his community because of his dedication to his children and his work. There area days when he has to work as a day laborer on a farm to earn some extra pesos to provide for his children.

He is applying for this loan to buy chemical fertilizer, agrochemical products, and potato seeds. He will then be able to improve the quality and yield of his crops. He has a small plot of land where he works in his community.

He hopes to improve his income and give his children a better quality of life, so they can go to school in better conditions. This loan will help his entire family and the hard work which they do every day.
View original language description ↓
EL SEÑOR VIRGILIO DE 45 AÑOS DE EDAD CASADO TIENE CUATRO HIJOS QUE ASISTEN A LA ESCUELA DE SU COMUNIDAD QUE ESTA A UNOS 5 KM DEL LUGAR DONDE VIVEN, DON VIRGILIO SE DEDICA A TRABAJAR EN LA AGRICULTURA POR MAS DE VEINTE AÑOS, EN LA ANTERIOR COSECHA HUBO DESASTRE NATURAL DE SEQUÍA Y SUS CULTIVOS BAJARON DE RENDIMIENTO POR LA FALTA DE AGUA, ESTE DESASTRE LE HIZO FRACASAR EN SUS INGRESOS ECONÓMICOS, LLEGANDO AFECTAR A TODA SU FAMILIA QUE SE MANTENÍAN CON LAS COSECHAS QUE CADA AÑO PRODUCEN.
VIRGILIO ES UNA PERSONA MUY QUERIDA Y RESPETADA EN EL LUGAR DONDE VIVE, POR LO DEDICADO A SUS HIJOS Y SU TRABAJO, HAY DÍAS QUE TIENE QUE TRABAJAR EN JORNAL EN LA AGRICULTURA PARA GANAR ALGUNOS PESOS DEMÁS Y ASÍ MANTENER A SUS PEQUEÑOS HIJOS. EL ESTÁ SOLICITANDO EL CRÉDITO PARA COMPRAR ABONO QUÍMICO, PRODUCTOS AGROQUÍMICOS Y SEMILLA DE PAPA Y DE ESTA FORMA PODER MEJORAR LA CALIDAD Y EL RENDIMIENTO DE SUS CULTIVOS, TRABAJA EN SU PEQUEÑA PARCELA QUE TIENE EN EL LUGAR DONDE VIVE, EL ESPERA MEJORAR SUS INGRESOS ECONÓMICOS Y DARLE UNA MEJOR CALIDAD DE VIDA A SUS HIJOS Y QUE ELLOS PUEDAN ASISTIR A LA ESCUELA EN MEJORES CONDICIONES. EL CRÉDITO AYUDARÁ MUCHO A TODA SU FAMILIA Y AL DURO TRABAJO QUE REALIZAN TODOS LOS DÍAS.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Virgilio to buy chemical fertilizer, agrochemical products and potato seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 17, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015