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Savino
Sabino, 32, is single living with his family and son. His son’s mother abandoned them leaving him to care for their son; they are of scarce economic resources.

Sabino works exclusively in agriculture and in his free time works as a day laborer in different parcels in his community in order to support his family. This year due to the heavy rainfall the river overran its banks flooding part of his land where he was growing broad beans completely destroying it and leaving no possibility of salvaging any part of his harvest. This caused his income to drop considerably and he was unable to cover costs to support his family and costs incurred in his yearly agricultural production mainly of broad beans and peanuts.

Now, Sabino is requesting the loan to buy seeds and manure to once again retake the agricultural production path. He has a clear idea that with this loan he’ll be able to improve his family’s living conditions.
View original language description ↓
El señor sabino de 32 años de edad, soltero, vive junto a su familia y su hijo, la madre de su hijo les abandono, quedando al cuidado de su hijo, son de escasos recursos económicos. Sabino se dedica exclusivamente a la agricultura y en tiempos libres trabaja como jornalero en diferentes parcelas de su comunidad para así poder mantener a su familia, este año por época de lluvias el rio avasalló una gran parte de su terreno y de sus cultivos donde producía frejol, quedando completamente destrozado y sin ninguna posibilidad de rescatar algo de la producción, esto hiso que sus ingresos económicos bajen considerablemente y no logre cubrir con los gastos que tiene para mantener a su familia y los gastos en los que incurre por la producción agrícola que cada año produce principalmente frejol y maní. Ahora el Sr. Sabino está solicitando el crédito para comprar semillas y abonos y de esta manera volver a retomar el camino de la producción agrícola. El Sr. Sabino trabaja en pequeñas parcelas, también tiene la clara idea de que con este crédito mejorará las condiciones de vida de su familia.

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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Savino to buy potato and broad bean seeds and to buy organic manure.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 21, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014