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Mario
Mario is 56 years old. He lives in an area focused on the raising of cattle and milk production. He lives with his wife and a daughter who helps make cheese products that they deliver every day to local women who gather up the products and resell them at a popular market in town.

He needs working capital to buy soy husks which are highly sought after as livestock feed throughout the year.

He works as a mason in the construction of different homes throughout the city. Right now he’s working on the construction of a home in his neighborhood. He wants to expand his dairy business, and he’s working on improving his home and his living conditions.
View original language description ↓
Mario tiene 56 años de edad, vive en una zona donde netamente se dedican a la cría y producción lechera, vive actualmente con su esposa y una hija que le ayuda en la elaboración de los quesillos que diariamente entregan a la venta a las señoras de su zona que son rescatistas y revenden todo lo que recolectan de la zona, en un mercado popular de la ciudad. Necesita capital de operación para comprar forraje (cáscara de soya), que en la época que ha pasado es muy cotizada, para su ganado y es alimento esencial todo el año. Él trabaja como mano de obra de albañil en diferentes obras de construcción de viviendas en toda la ciudad, ahora está trabajando es su barrio en la construcción de una vivienda. Quieren crecer un poco en su actividad lechera y se están esforzando para mejorar su vivienda y así sus condiciones de vida.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mario to buy soy husks.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014