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Melquiades
Melquiades is single, does not have any children and lives with his brother. He is from Chapare Province, but came to San Isidro, like many people do, looking for better opportunities in life. In his town, he used to work growing potatoes, but the production decreased due to climate changes, which are difficult to control, and the harvest became more and more scarce. For this reason, he decided to migrate to a more tropical area, where he bought some farmland which is where he works right now growing pineapples. He has 1/2 a hectare (1 1/4 acres) from which he can harvest around 12,800 units which he sells to intermediaries who come to buy from him. He is requesting a credit to pay for the costs of harvesting the pineapples.
View original language description ↓
El señor Melquiades es soltero, no tiene hijos , vive con su hermano, el señor Melquiades es de la provincia chapare , vino de su comunidad de San Isidro, como la mayoría de las personas buscando mayor oportunidad de vida, en su comunidad se dedicaba a la producción de papa, la producción bajo debido a los cambios climatológicos, los cuales son difíciles de controlar, cada vez la producción escaseo, por lo que decidió migrar al trópico, donde se compro el terreno agrícola, en el que hoy en día trabaja en el sector agrícola y se dedica a la producción de piña, de donde tiene en producción 1/2 hectárea de la cual cosecha un promedio de 12,800 unidades lo que comercializa a los intermediarios que le vienen a comprar al lugar el crédito que está solicitando es para gastos de cosecha de piña.

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,619,700
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Melquiades to pay the costs of harvesting pineapples.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 29, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015