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Miguel
Miguel works in agriculture on a part of a piece of land his father gave him; he grows his products to subsequently sell them in the local market. On the other hand, when he’s not working the land he helps his spouse to sell groceries Monday to Sunday with no days off. He has a baby they support by means of both jobs. The money he’s asking for is to be able to enlarge his grocery store so that they can generate a bit more income and be able to move their little boy ahead.
View original language description ↓
El señor Miguel trabaja como agricultor en una parte de terreno que su padre le proporcionó, cultiva sus productos para después comercializarlo en el mercado de la población; por otro lado cuando no trabaja en su terreno le ayuda a su pareja en la venta de sus abarrotes donde venden de lunes a domingo sin parar ni un día, tiene un bebito al que mantienen con ambos trabajos, el dinero que está solicitando es para poder agrandar su tienda de abarrotes y para que puedan generar un poco mas de ingreso y así puedan sacar adelante a su pequeño hijito.

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
Expired
A loan of $1,025 helped Miguel to buy stock merchandise for his store.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 31, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 28, 2013