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Froilán
Mr. Froilán lives in the Cochabamba neighborhood, in Bulo Bulo, in the Carrasco province. He makes his living in the agricultural community Colonia Agro Ganadera 25 de Abril. He acquired said land many years ago during colonization and, little by little and through much effort, he has acquired 63 head of cattle, both cows and calves. He is currently committed to selling 15 of them.

He only has two children that are currently in the university, which means that they cannot help him on the farm. It is difficult for him to work alone, and it is for this reason that he contracts laborers in order to maintain his pastures. He is asking for this loan to help pay for hired labor, so that Mr. Froilán can dedicate more time to taking care of his livestock and so that he can have clean pastures. If the pastures become too full of weeds, the probability of other animals attacking his livestock greatly increases.
View original language description ↓
El señor: Froilán vive en el barrio Cochabamba, de la población de Bulo Bulo, de la provincia carrasco, la actividad económica la realiza en su lote agrícola colonia agro ganadera 25 de abril, dicho terreno lo adquirió hace años atrás durante la colonización con mucho esfuerzo y poco a poco, fue creciendo y actualmente tiene 63 cabezas de ganado vacuno, entre vacas y terneras, de esta actividad vende anualmente un promedio de 15 cabezas, su potrero es de 19 ha sus hijos ya son dependientes, solo tiene dos hijos que están en la universidad y no pueden ayudarle mucho, al señor se le hace difícil trabajar solo, por dicha razón contrata mano de obra para el mantenimiento de potrero y el presente crédito es solicitado para dicho fin o actividad así el señor Froilán se dedicara más al cuidado de su ganado y podrá tener un potrero limpio ya que cuando el potrero se vuelve barbecho existe la probabilidad del ataque de animales hacia el ganado.

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
  • 83
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Froilán to maintain pastureland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 8, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014