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Ancelmo
Ancelmo lives in a rural community. His children and their mother left the country 8 years ago, and since then, Ancelmo has lived alone.

Ancelmo earns a living by farming a small piece of land which he obtained through a lot of work and sacrifice. Sometimes he also works as a laborer in other areas in order to have more income and support himself.

During the previous harvest, there was a natural disaster which considerably reduced his income. For this reason, he is requesting a loan to buy potato seeds and organic fertilizer in order to improve the quality of his crop and to get higher earnings.
View original language description ↓
El señor Ancelmo, vive en una comunidad alejada, sus hijos y su mamá se fueron hace más de 8 años al exterior, desde entonces quedo solo. Se dedica a trabajar en la agricultura en un pequeña parcela que adquirió con mucho trabajo y sacrificio, ademas a veces trabaja como jornalero en otras zonas para tener mas ingresos y así mantenerse. En la anterior cosecha hubo un desastre natural que hizo bajar considerablemente sus ingresos económicos, por ello está solicitando un crédito para comprar semilla de papa y abono orgánico para mejorar la calidad de sus cultivos y obtener mayores beneficios.

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
  • 230
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ancelmo to buy potato seeds and organic fertilizer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015