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Justo
Señor Justo, age 43, lives in a community that is very far from town. At a very early age he suffered the loss of his father, leaving him in charge of his siblings and holding the reins of his family.

Señor Justo works in agriculture production. Due to the heavy frosts recorded in that area between June 15 and 25 of this year, Don Justo lost 50% of his tomato and potato production. This led to a decrease in his income from the sale of these products. Because of this, his economic stability has suffered an instability, directly affecting the purchase of materials and supplies required for his production as well as the family pantry for the feeding of his family. To put this situation right, he has turned to a loan, with the goal of improving the quality of life for his family and reclaiming the road to prosperity.
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El sr. Justo de 43 años de edad, vive en una comunidad muy alejada del pueblo, a muy temprana edad sufrió la pérdida de su padre quedando a cargo de sus hermanos y de las riendas de la familia. El sr. Justo se dedica a la producción agrícola, por las heladas fuertes registradas en fechas del 15 al 25 de julio del presente año en la zona, don justo a perdido el 50% de su producción de tomate y papa el cual a ocasionando una disminución de ingresos económicos por venta de estos productos, por estos motivos mencionados la estabilidad económica ha sufrido un desequilibrio afectando directamente en la adquisición de los materiales e insumos requeridos para la producción como en la canasta familiar para la alimentación de la familia. Para enmendar lo mencionado anteriormente ha recurrido al crédito con el objetivo de mejorar la calidad de vida de la familia y retomar el camino de la prosperidad.

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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,450 helped Justo to buy seed.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 3, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Covered
Expired:
Oct 4, 2013