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Victor
Sr. Victor lives in the neighborhood of Rumi Tambo, which is in Carrasco Province in the Department of Cochabamba. The town is situated among some rivers. Victor is currently in a common-law relationship and has four children. He owns land that he acquired with great effort during the colonization period.


Victor produces pineapple, rice, and other products on a smaller scale for family consumption. His average annual sales include 18,000 units of pineapple grown on one hectare of land and 25 quintales (1 quintal = 100 kilograms) of rice that is grown on another hectare of land. Whatever he produces is sold from his farm or at the nearby market. This business activity has a regular season that lasts throughout the year.


The loan he is currently requesting will be used to expand and maintain his pineapple crop, which produces sufficient output to generate a good income. Victor’s resources are not sufficient to carry out all of his activities, so this current loan will expand and maintain his pineapple production. As a result, he can grow as a farmer.

View original language description ↓
EL SEÑOR: VICTOR VIVE EN EL SINDICATO RUMI TAMBO, PERTENECIENTE AL DEPARTAMENTO DE COCHABAMBA, PROVINCIA CARRASCO, MUNICIPIO DE ENTRE RIOS, ACTUALMENTE VIVE, JUNTO A SU CONCUBINA Y SUS 4 HIJOS EN EL TERRENO QUE ADQUIRIO CON MUCHO ESFUERZO DURANTE LA COLONIZACION, TIENE EN PRODUCCIÓN PIÑA Y ARROZ Y OTROS PRODUCTOS EN MENOR ESCALA PARA CONSUMO FAMILIAR. TIENE UNA VENTA PROMEDIO ANUAL DE LOS PRODUCTOS: PIÑA(1HA) 18000 UNIDADES, Y ARROZ (1HA) 25QQ PRODUCTOS LA VENTA DE LA PRODUCCION LA REALIZA EN EL LUGAR DE ORIGEN O EN EL MERCADO CERCANO. LA ACTIVIDAD ES ESTACIONAL Y REGULAR A LO LARGO DEL AÑO. EL PRESENTE CREDITO SOLICITADO SERA UTILIZADO PARA LA AMPLIACION Y MANTENIMIENTO DEL CULTIVO DE PIÑA, ESTA PRODUCCION LE GENERA BUENOS INGRESOS ECONOMICOS, YA QUE LOS RECURSOS CON LOS CUALES CUENTA NO SON SUFICIENTES PARA LLEVAR A CAVO TODA LA ACTIVIDAD. CON EL PRESENTE CREDITO EL CLIENTE PODRA AMPLIAR Y REALIZAR EL MANTENIMIENTO DE LA PRODUCCION DEL CULTIVO DE PIÑA Y ASI CRECER MAS COMO PRODUCTOR.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Victor to expand and maintain his pineapple crop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 18, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2015