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Alberto
Señor Alberto is 21 years old, single, and has only a primary school education. He lives in Tablamayu, a rural community of Chullpani, toward the north of Colomi.

Señor Alberto makes a living through agricultural production by selling potatoes, ulluco, broad beans, and yams. He also has cattle: three for fattening, two dairy cows, and two calves. Thus he maintains his finances through his work for food production.

He needs a loan to buy one hectare of land and be able to increase his agricultural production, thus generating more income in the future. For this reason he asks for the loan since what he saved was invested in the purchase of agricultural supplies. He says that he is happy to be able to have access to the requested loan, and is excited to buy the land. He is certain that buying the land is a good investment because it will increase his production capacity.
View original language description ↓
El Señor Alberto de 21 años de edad soltero, con instrucción de nivel primario, vive en una comunidad rural Chullpani - Tabla Mayu hacia el Norte de Colomi.
El Sr. Alberto cuenta con una actividad económica producción agrícola, vende papa, papaliza, haba y oca, además cuenta con ganado vacuno 3 de engorde, 2 de lecheras y 2 terneros de esta forma se mantiene económicamente a través de su trabajo para la alimentación, el necesita un crédito para la compra de 1 hectárea de terreno y poder ampliar su producción agrícola, así poder generar más ingresos económicos a futuro, por este motivo solicita este préstamo ya que el ahorro que tenía lo invirtió en compra de insumos agrícolas. Comentar que se siente contento de poder acceder al préstamo solicitado, además entusiasmado por la compra del terreno, el esta seguro que es una buena inversión la compra de terreno agrícola porque incrementara su capacidad de 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

  • $5,500
    Average annual income
  • 223
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Alberto to buy farm land.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 8, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2015