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Casiano
Casiano is 35 years old, married, and has two dependent children. He comes from a family of few means and he lives in a rustic home with adobe walls whose interior is plastered with clay. In the area where he lives, the soil has very low fertility. He shares his life with his closest relatives, such as his sister and nephews, who help him with his farming when they can. Because of the torrential rains in the month of February, his corn and carrot plantings suffered flooding, which has caused him considerable losses in his crops and a negative yield. Because of this, Casiano's financial stability has been thrown off balance, which has directly affected his ability to acquire the materials and supplies he needs for planting. To remedy the aforementioned, he is asking for a loan to buy bean seed, to buy potato seed, and to buy chemical fertilizer and agrochemicals. The goal of this loan is to improve his yield and get back on the road to prosperity. He also tells us he will expand his farming frontier by diversifying his crops.
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El señor Casiano, tiene 35 años de edad, casado, tiene dos hijos dependientes, proviene de familia de escasos recursos, vive en una vivienda rústica con paredes de adobe con interiores revocado con barro. En la comunidad donde vive la fertilidad de suelos es muy baja, comparte su vida con los parientes más cercanos como ser su hermana y sobrinos, que los colaboran en la producción según sus posibilidades. Por las lluvias torrenciales presentados en el mes de febrero, los sembradíos de maíz y zanahoria han sufrido inundaciones, lo cual ha ocasionado pérdidas considerables en el desarrollo de los cultivos y un rendimiento negativo en la producción, es por estos motivos que la estabilidad económica del señor Casiano ha sufrido un desequilibrio, afectando directamente en la adquisición de los materiales e insumos requeridos para la producción. Para enmendar lo mencionado anteriormente ha recurrido al crédito para comprar semilla de frejol, compra de semilla de papa y compra de abono químico y agroquímicos; el objetivo del crédito es mejorar la producción y retomar el camino de la prosperidad. También indica que ampliará la frontera agrícola con la diversificación de cultivos.

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
  • 115
    View loans »
    Bolivia Loans Fundraising
  • $29,167,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Casiano to buy seed (bean and potato), to buy chemical fertilizer, and agrochemicals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 22, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2014