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Macario
Macario is 27 years old, single, and managed to finish high school. He lives at his father's, in the village of Tiraque, and has three children he raises on his own. Macario is a farmer, and reports that he sells, annually, a mean of 40 loads of potatoes, 38 loads of green peas, 30 loads of oats, 9 loads of wheat, and 10 loads of barley. He grows these crops on fields owned by his parents, so it does not cost him anything to use the land. The 3 hectares of land are located in the same village where they live. The whole community helps each other for agricultural work. Macario lives in a rustic house built out of sun-dried brick. He will use the loan to buy chicken guano and potato seeds, in order to improve his economic situation by selling the harvest, so as to give his children a better quality of life.
View original language description ↓
El señor Macario, es una persona de 27 años de edad, de estado civil soltero, alcanzo estudiar hasta el bachillerato, vive en la casa de su padre en la comunidad de Tiraque, tiene tres dependientes económicos a cargo los cuales son sus hijos, La actividad económica del señor Macario es la producción agrícola, que en promedio anualmente manifiesta que realiza la venta de los siguientes productos y en las cantidades siguientes: Papa 40 cargas, Arveja (verde) 38 arrobas, Avena 30 calchas, Trigo (Grano) 9 cargas. Cebada (Grano) 10 cargas. La siembra de estos cultivos lo realiza en terrenos de sus padres sin costo alguno en una superficie de 3 hectáreas los terrenos mencionados con anterioridad se hallan situados en la misma comunidad, los trabajos agrícolas los realiza con la colaboración de sus vecinos, vive en una casa rustica de adobe, con este préstamo que solicita comprara abono de gallinaza y comprara semilla de papa; así con la producción en el futuro mejorara sus condiciones económicos y por tanto también la calidad de vida 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.

About Bolivia

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $28,120,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,025 helped Macario to buy chicken guano and potato seeds.
50% repaid
Repayment Term
37 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 3, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Covered