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Hilarion
Hilarión is 45 years old, married and has five dependent children. He runs his business alone, since his wife is located in the town of Punata, about 100km away from where he lives. His wife is in Punata with the objective of taking care of their children and supporting their education, renting a room, since in their community there is only primary education. Due to the continuous rains recorded in the area, Hilarión has suffered the water logging of his productive land, causing his crops to rot in a large part of the property in early January 2013, resulting in a decrease in financial income. For these reasons mentioned here, his economic stability has suffered, directly affecting the acquisition of materials and inputs required for the agricultural production and the education of his children. In order to remedy this, he is requesting this loan with the objective of improving their quality of life and stabilizing the family’s financial needs and getting back on the path to prosperity.
View original language description ↓
El señor Hilarión, tiene 45 años de edad, casado, tiene 5hijos dependientes, se dedica a la actividad económica solo ya que la esposa se encuentra en la población de Punata distante a 100km aproximado del domicilio en que vive, la esposa se encuentra en Punata con el objetivo de cuidar y apoyar a los hijos en la educación, alquilándose un cuarto. Debido a que en su comunidad solamente hay educación primaria, por las continuas lluvias registradas en la zona don Hilarión ha sufrido la saturación hídrica de las parcelas productivas de papa ocasionando la pudrición del cultivo, a una buena parte de la propiedad a principios del mes de enero 2013, ocasionando una disminución de ingresos económicos, por estos motivos mencionados la estabilidad económica ha sufrido un desequilibrio afectando directamente en la adquisición de los materiales e insumos requeridos para la producción agrícola y la educación de sus hijos, para enmendar lo mencionado solicita el presente crédito con el objetivo de mejorar la calidad de vida y estabilizar las necesidades económicas de la familia y retomar el camino de la prosperidad.

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Hilarion to buy wheat, lupin and potato seeds, organic fertilizer and agrochemicals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 28, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2014