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Carlos Juan
Carlos lives in the agrarian syndicate Colorido-Ichilo, which is part of the Santa Cruz region of the border of Cochabamba, which he managed with a great deal of effort. He lives alone and works in agriculture. He is growing citrus fruit (1/2 hectare), rice (1/2 hectare) and has 15 cows which he sells at market.

The customer wants to increase his cattle production as it is already generating good economic income. To do this he needs the current loan so that he can buy agricultural land at a low price. If the customer couldn't have this loan he would not be able to fulfil his objectives and could not improve his quality of life. It should also be noted that Carlos is very dedicated to his work.
View original language description ↓
El señor: Carlos vive en el sindicato agrario Colorido-Ichilo pertenece al departamento de Santa Cruz frontera Cochabamba lo cual adquirió con mucho esfuerzo vive solo y trabaja dedicándose a la actividad agropecuaria. Tiene en producción cítricos (1/2ha), arroz (1/2ha) y tiene 15 cabezas de ganado vacuno lo cual vende en la feria. El cliente quiere ampliar su producción ganadera ya que le ha estado generando buenos ingresos económicos para ello requiere el presente crédito para que pueda comprar un terreno agrícola a un precio bajo. Ya que si el cliente no contara con este crédito no podría realizar sus objetivos y no podría mejorar su nivel de vida. Además mencionar que el señor Carlos es muy dedicado a su actividad.

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 $1,450 helped Carlos Juan to buy land.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2014