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Alfredo
Alfredo is 30 years old, married, and managed to complete primary school. He lives in his own house and has 3 dependents, his wife and 2 young children. His principal economic activity is agricultural production. Alfredo grows potatoes, beans, green peas, and barley, plus he raises geese on his own agricultural land. Moreover, he grows potatoes “in company” (that is, on land provided by another person who also provides a portion of the seeds, the customers, the field hands, and the inputs needed, in exchange for a division of the harvest in equal parts. The plots mentioned are located in the community of Toqo Rancho in the municipality of Tiraque, some 70 kilometers from the city of Cochabamba.

In addition, Alfredo's 2nd economic activity is to work as a bricklayer in order to generate added income.

At present, Alfredo and his wife wish to be able to improve their agricultural production and to do that, they need investment capital to purchase chicken manure for the next harvest, so as to guarantee their production.
View original language description ↓
EL SEÑOR ALFREDO, es una persona de 30 años de edad de estado civil casado, alcanzo a estudiar la primaria, vive en su propio domicilio, cuenta con tres dependientes económicos a cargo los cuales son sus pequeños hijos; la actividad económica principal a la que se dedica es la producción agrícola; produce papa, oca, haba, arveja y cebada en sus propios terrenos agrícolas y especialmente la papa en compañía (es decir en terrenos de otra persona la misma dispone el terreno, parte de semilla y los clientes la mano de obra e insumos utilizados en la agricultura y a la cosecha el rendimiento se dividen en partes iguales), los terrenos mencionados se hallan situadas en la comunidad de T'oqo Rancho del municipio de Tíraque distante aproximadamente a unos 70 Km. de la ciudad de Cochabamba. Asimismo como segunda actividad económica alternativa el cliente presta sus servicios de constructor (albañil) jornalero por el cual genera ingresos económicos adicionales. Y finalmente el cliente y su esposa manifiestan tener ganas de poder mejorar su producción agrícola y para tal efecto se ven en la necesidad de solicitar capital de inversión para la compra de abono de gallinaza para la próxima gestión agrícola y de tal forma asegurar su producción.

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
  • $29,481,750
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Alfredo buy fertilizer for his crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 16, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014