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Lucio
Lucio is a hardworking and responsible person who has worked in agriculture for 15 years. He owns banana and yucca plantations and also works as a chainsaw operator to earn extra money so he can provide for his family all year round. This income allows him to buy food and clothing and pay for other household expenses. Lucio needs help buying a new chainsaw as the one he has is old and faulty, which slows down his work. This has affected his earnings, meaning he has had less money for food and for his children's school supplies. He also wants to buy a motorised pesticide sprayer so that when he fumigates his banana and yucca crops it doesn't take him so long and he can rest a little.
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El señor Lucio, es una persona trabajadora y responsable, trabaja como agricultor desde hace 15 años, tiene plantaciones de yuca y plátano, tambien trabaja como motosierrista donde le genera tambien ingresos para que puedan subsistir él y su familia durante todo el año, estos ingresos le permiten generar dinero suficiente para cubrir los alimentos de toda su familia, además de ropa u otros gastos. El señor Lucio necesita ayuda para poder comprarse una nueva motosierra porque la que tiene ya está vieja y tiene algunos desperfectos, estos desperfectos no le permiten trabajar bien ya que retrasan su trabajo, por lo que sus ingresos se vieron afectados y genero que le falte un poco más de dinero para que puedan comer y comprar materiales para que puedan estudiar sus hijos, también quiere comprarse una moto fumigadora para cuando vaya a fumigar sus cultivos de plátano y yuca no este tardando demasiado y así tal vez pueda descansar un poco.

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

  • $5,500
    Average annual income
  • 197
    View loans »
    Bolivia Loans Fundraising
  • $31,407,800
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,500 helped Lucio to buy a chainsaw.
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 3, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Covered
Expired:
Oct 4, 2013