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Benito
Benito is single, has no children and lives with his sister. He is from the province of Capinota in the department of Cochabamba which is a poor area of Bolivia. He left his area of Capinota for the tropics like the majority of people looking for better opportunities in their lives. In Capinota he grew corn, but his income diminished due to climate change. It was difficult to control and he saw his output continue to decline, so he decided to migrate to the tropics. There he bought farmland on which today he grows yuca. He is farming 1/2 hectare and harvests an average of 450 quintals which he sells to middlemen who come to his place to buy. Benito is asking for a loan so that he can take care of his yuca crops and achieve a greater yield in his harvest.
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El señor Benito es soltero no tiene hijos , vive con su hermana, el señor Benito es de la provincia de Capinota del departamento de Cochabamba, uno de los lugares pobres de Bolivia, vino al Trópico de su comunidad de Capinota, como la mayoría de las personas buscando mayor oportunidad de vida. En su comunidad de Capinota se dedicaba a la producción de maíz, bajo sus ingresos debido a los cambios climatológicos, fue difícil de controlar, cada vez la producción escaseo, por lo que decidió migrar al trópico, que se compró el terreno agrícola, en el que hoy en día trabaja en el sector agrícola y se dedica a la producción de yuca, de donde tiene en producción 1/2 hectárea de la cual cosecha un promedio de 450 quintales lo que comercializa a los intermediarios que le vienen a comprar al lugar. El crédito que está solicitando el señor Benito es para mantenimiento de sus cultivos de yuca para así poder obtener un rendimiento mayor en su cosecha.

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
  • 208
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Benito to care for his yuca crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015