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Edgar
Edgar comes from a large family comprised of seven siblings. Most of them started to leave when they were very young, even migrating to Argentina, in search of better living conditions. As he was the oldest brother left, he started when he was very little to help his father with the farming and the dairy cows. Therefore, he did not finish high school.

At his older siblings’ insistence, he even went for a few years to Argentina. However, upon his father’s death he had to return to Bolivia and start a new life with his future wife. Taking advantage of the land he inherited from his father, he decided to work as a farmer and milk producer.

Upon noticing that there is a great demand for this product, he is prepared to invest and devote himself exclusively to this field. However, he needs a little more capital. He will use the loan to buy two head of dairy cows from his brother who wants to sell them because he is traveling.
View original language description ↓
El Sr. Edgar viene de una familia numerosa compuesta de 7 hermanos de los cuales los mayores empezaron a salir desde muy jóvenes en busca de mejores condiciones de vida llegando hasta emigrar a argentina, quedando el cómo hermano mayor, se puso a ayudar desde muy chico a su padre en la agricultura y ganado lechero, por lo tanto no logro terminar el bachillerato y por insistencia de sus hermanos mayores fue incluso unos años a Argentina pero por fallecimiento de su padre tuvo que volver a Bolivia y empezar una nueva vida junto con su futura esposa aprovechando el terreno de su padre su parte heredada, decidio trabajar como agricultor y a la producción de leche y al notar que existe mucha demanda de este producto esta dispuesto a invertir y dedicarse exclusivamente a este rubro, pero como se necesita un poco mas de capital esta dispuesto por aprovechar invertir el préstamo en la compra de 2 cabezas de ganado lechero de su hermano que le quiere vender por motivo de viaje.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,428,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Edgar to buy two head of dairy cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Apr 10, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014