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David Arturo
David, is 31 years old, isn’t legally married, was able to complete primary school, has five of his own children financially dependent on him, and lives in his own rustic home, located in the community of Tíraque.

In connection with his agricultural activity he mentions that he produces annually the following products: 90 loads of potatoes, 50 loads of beans (green), 60 sacks of peas, 10 quintals of wheat, and 5 loads of barley. He grows all this on his own land in an area of 5 hectares located in the same locality. This being understood, David and his life-partner say that they have the desire to be able to improve their income and towards this purpose they need investment capital in order to buy agricultural land so that on the land they buy David can increase production and therefore be able to improve the quality of life for themselves and their dependents.
View original language description ↓
El señor David, es una persona de 31 años de edad de estado civil soltero, alcanzo a estudiar la primaria, cuenta con cinco dependientes económicos a cargo los cuales son sus pequeños hijos, vive en su propio domicilio de tipo rustico, que se halla ubicado en la Comunidad de Tíraque, de actividad agrícola en tal entendido menciona que anualmente produce los siguientes productos; Papa 90 cargas, Haba (verde) 50 cargas, Arveja 60 arrobas, Trigo 10 quintales, Cebada 5 cargas todos estos cultivos hace producir en sus propios terrenos agrícolas en una superficie de 5 Has. que se encuentran en el mismo lugar, en tal entendido el señor David y su esposa manifiestan tener el deseo de poder mejorar sus ingresos para tal efecto se ven en la necesidad de solicitar capital de inversión para la compra de terreno agrícola de esa manera en el terreno que va comprar el señor David podrá incrementar su producción y por ende también poder mejorar la calidad de vida de ellos mismos y de sus dependientes.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped David Arturo to buy agricultural land.
60% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Covered