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Ruben
Ruben, 64, lives in the town of Puerto Villarroel in tropical Cochabamba, in the Villa Flores Community. He began working very young, since he was an orphan. He has worked as a hired hand in different places in the tropics, growing all kinds of crops.

Ruben suffered considerably when his wife died, and he had to assume the responsibility for raising his children and providing for them. He had worked very hard on his father-in-law's farmland and then bought his own land and became independent. Little by little he was able to prosper, but had no other alternative than to work hard to do so, since the situation became harder and harder to endure.

Now, Ruben grows bananas but the prices dropped during the last season so he wants to produce other fruits.

He is requesting a loan to buy papaya plants to vary his crop production. He needs an impulse to keep growing. His life goal is to be an important papaya producer. With the loan he will be able to begin producing papaya.
View original language description ↓
El señor Ruben tiene 64 años vive en el municipio de Puerto Villarroel del trópico de Cochabamba, en la colonia Villa Flores, empezó a trabajar a muy temprana porque quedo huérfano, trabajo como peón en los diferentes lugares del trópico, en cultivos de todo tipo.
El señor Ruben sufrió duras frustraciones cuando murió su esposa y tuvo que asumir la responsabilidad de sus hijos, para sacar adelante a sus hijos, trabajo muy duro en su lote agrícola de su suegro, posteriormente se compró su propio terreno y se independizo, poco a poco siguió adelante, no le quedaba de otro que seguir trabajando duro, para salir adelante. Ya que su situación era cada vez más difícil de sobre llevar. Hoy en día el señor Ruben se dedica a la producción de plátano,este último tiempo bajo de precio, ahora quiere producir otras frutas
El crédito que solicita es para comprar platines de papaya, para variar sus cultivos, necesita un impulso para seguir creciendo, su sueño de toda su vida es ser un grande productor de papaya. Ahora con el crédito podrá empezar con la producción de papaya.

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

  • $5,500
    Average annual income
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ruben to produce papaya.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 1, 2013
Listed
May 1, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013