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Genaro
Genaro is fifty-nine years old and is married. He studied through primary school, and has two economic dependents in his care, one of which is his son and the other is his grandson. Genaro makes a living in agricultural production. He produces two hundred 100 lb loads of potatoes, thirty-six 25 lb sacks of beans, three 100 lb loads of corn, and oats. He does this on his own lands; these lands don't have irrigation systems, and they are located in the community called Lluri Grande, which is north of the town of Tiraque (about 15km away).

At the same time, he makes a living in a transportation service of passengers to and from Colomi Cochabamba.

Genaro makes it clear that he is a hardworking and responsible person who wants to better himself economically in life. For this purpose, he is in need of investment capital in order to buy an engine for his vehicle. In this way, he will be able to improve his income and therefore the quality of life of his dependents.
View original language description ↓
El Señor Genaro, es una persona de 59 años de edad, de estado civil casado, alcanzo a estudiar la primaria, cuenta con dos dependientes económicos a cargo, los cuales son su hijo y nieto. La actividad económica a la que se dedica el señor Genaro es la producción agrícola, de tal forma produce, papa 200 cargas, haba (grano) 36 Arrobas, maíz (grano) 3 cargas, avena (forraje), la producción se desarrolla en sus propios terrenos, los terrenos mencionados no cuentan con riego, y están ubicados en la comunidad de Iluri Grande, al norte del municipio de Tiraque a una distancia de quince km de la población de Tiraque. A su vez se dedica al servicio de transporte de pasajeros con destino de Colomi Cochabamba y viceversa, por otro lado el señor Genaro manifiesta ser una persona trabajadora y responsable que quiere superarse económicamente en la vida y para tal efecto se ve en la necesidad de solicitar capital de inversión para compra de un motor para su vehículo, de tal forma poder mejorar sus ingresos por lo tanto también la calidad de vida de sus dependientes.

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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Genaro to buy an engine.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014