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Wilmer
Wilmer is 23 years old. He is single and still lives with his mother. He needed to start working at an early age since his father abandoned them when he was very young and his mother is ill.

He works in the production of raw milk. He has several head of dairy cattle that produce 152 liters of milk each day. He is a responsible person and is eager to succeed and continue helping his mother.

Currently he is asking for a loan in order to buy soybean hulls for the dairy cattle because in this season of the year it is in short supply and he does not want to reduce production as that would mean less income for his family.
View original language description ↓
El señor Wilmer tiene 23 años de edad, es soltero y aún vive con su mamá tuvo que empezar a trabajar desde temprana edad, pues su padre los abandono cuando él era muy pequeño y su madre está muy enferma. Se dedica a la producción de leche cruda, tiene varias cabezas de ganado lechero que producen 152 litros de leche al día. Es una persona responsable y tiene muchas ganas de superarse y seguir ayudando a su mamá. Actualmente solicita un crédito para comprar cascara de soya para el ganado lechero pues en esta época del año escasea mucho y no quiere bajar su producción actual pues eso significaría menos ingresos para su familia.

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

Success!! The loan was 100% repaid

A loan of $1,500 helped Wilmer to buy soybean hulls as feed for his dairy cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Jan 15, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014