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Alfonso
Sr. Alfonso is a responsible individual. He works as a farmer and also builds homes as a stonemason. Over time, he has worked very hard in his business activities since he is responsible for his family and must provide for their daily needs and his children’s education. His wife and children also contribute to the needed efforts so that they will have a better future.


His family participates in the farming activities as an additional source of income, but he does not have the necessary resources to expand his vegetable production. Therefore, he is requesting this loan. Don Alfonso is one of the most sociable people in the area and is well-respected for the work that he does.

View original language description ↓
El Sr. Alfonso es una persona humilde se dedica a la actividad de construcción de viviendas como albañil y agricultura, durante el transcurso del tiempo se dedicó a su actividad con mucho esfuerzo y responsabilidad a su cargo tiene su familia y tiene que llevar el pan de cada día todo los días y sus hijos están en proceso de formación educativa lo cual también implica gastos, que junto a su esposa y sus hijos ponen los esfuerzos necesarios por un futuro mejor, con la participación activa de la familia en la agricultura que es una fuente de ingreso alternativo pero no contaban con recursos necesarios para poder ampliar la producción de hortalizas por eso solicitan el crédito. Además don Alfonso es una persona sociable en su zona, es muy respetado por el trabajo que realiza.

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
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Alfonso to expand his vegetable production.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015