Check out other loans that are currently fundraising!
Joaquin
Joaquín lives in the Entre Ríos community with his three siblings and his wife, making his living in farming. They work in their own plot of agricultural land which Joaquín acquired with a lot of hard work during the agricultural colonization, migrating from the areas where there was little economic movement.

He currently produces citrus fruits, yucca and rice on an annual basis, and they sell these products to intermediaries who come to buy directly at the place of harvest. The family work together to produce the crops, although they hire help if necessary to help tend and harvest the crops.

They currently have 1 hectare of citrus fruits which has already been harvested and sold, which is why they are seeking the loan to tend to the plot of land (weeding), and subsequently fertilize it so that production next year is at its optimal rate. With this loan, Joaquín will be able to carry out the above work on his citrus crops.
View original language description ↓
El señor Joaquín vive en la comunidad de Entre Ríos, junto a sus tres hijos y su esposa, se dedica a la agricultura, trabajan en su terreno agrícola propio, que adquirió con mucho esfuerzo durante la colonización, migrando de los lugares donde hay poco movimiento económico; actualmente produce cítricos, yuca y arroz anualmente; los productos los venden a los intermediarios que vienen a comprar al lugar de cosecha; la producción es familiar y a la vez contrata personal eventual que le colabora en el mantenimiento y en la cosecha de los productos. Actualmente cuentan con 1 hectárea de cítricos lo cual ya fue cosechado y vendido por lo cual solicitan el crédito para realizar el mantenimiento (desmalezado) de la parcela y posteriormente su fertilización, para que el siguiente año la producción rinda óptimamente. Con este crédito el señor Joaquín podrá realizar lo propuesto con su parcela de cítricos.

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.

Tags

About Bolivia

  • $5,500
    Average annual income
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,780,975
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Joaquin to weed his plot of agricultural land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 17, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014