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Gregorio

Update on Gregorio

Gregorio has primary level education and lives with his wife. They have 8 children of whom 7 are studying. The family has lived in the Colomi community on the shores of the lake for more than 20 years. They are farmers and grow potatoes, broad beans, "oca" and "papalisa" [native tubers]. They grow some of their crops on 2 hectares of land which they inherited from their parents in the same community. They have 3 dairy cows, 3 heifers and a calf.

Gregorio and his wife have had a new house built, investing all of their savings in the construction and so they do not have enough money to buy agricultural supplies such as organic fertilizer (chicken manure) and seed potatoes. For this reason they are asking for a loan to buy these agricultural supplies. Thanks to this loan Gregorio will be able to carry on with his farming work as normal.
View original language description ↓
El señor Gregorio convive con su esposa, tiene un nivel de instrucción primaria, tienen 8 hijos de los cuales 7 estudian, la familia vive en la comunidad de Colomi a orillas del lago más de 20 años. Son agricultores cultivan papa, haba, oca, papaliza, una parte cultivan en terreno de 2 has herencia de parte de sus padres en la misma comunidad, cuentan con cabezas de ganado vacuno 3 lecheras, 3 vaquillas más 1 ternero; Don Gregorio y su esposa hicieron construir una vivienda nueva, por lo que invirtieron todo sus ahorros en esta construcción y les falto dinero para compra de insumos agrícolas abono orgánico (gallinaza) y semilla de papa, por este motivo solicita préstamo para la compra de dichos insumos agrícolas. Gracias a este préstamo el señor Gregorio podrá desempeñar su actividad agrícola de forma regular.

Previous Loan Details

Gregorio is 39 years old. He has been living together with his partner, Victoria, for more than 18 years. He has an elementary school level of education. The couple have 8 children, 6 of whom are in school. They live in Huancuni community, toward the north of Colomi, in the city of Cochabamba... More from Gregorio's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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About Bolivia

  • $2,817
    Average annual income
  • 102
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Gregorio to buy agricultural supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2015