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Martin
Martin is 23 years old. He is a hard worker, engaged in farming. As a child, his parents taught him how to work the land and graze the cattle. When his father died, he had to take charge of the crops, lands where he grows all types of vegetables and cereals. He sells the products at the markets in the village, which are a bit far from the place where he lives, but he manages to get his products on the road with the help of his cattle as beasts of burden. He also fattens cattle and sheep for subsequent sale. He comes from a humble family, known for being responsible and wants to get his family ahead. He is requesting the current loan to purchase farm supplies. Upon seeing the circumstances in which he finds himself, he wishes to diversify his production because the area where he lives is an agricultural zone, and he could produce legumes, cereals, and vegetables. In this way, he will manage to increase his income and provide his family with better living conditions.
View original language description ↓
El señor Martin tiene veintitrés años de edad, es una persona trabajadora y se dedica a la agricultura, desde que era niño aprendió el trabajo de la tierra y pastoreo del ganado de sus padres. Cuando su padre falleció, él tuvo que encargarse de los cultivos, terrenos donde se produce todo tipo de hortalizas y cereales que son comercializados en las ferias que hay en la población que están un poco lejos del lugar en el que vive, pero con la ayuda de su ganado de carga logra sacar hacia la carretera sus productos, también se dedica al engorde de ganado bovino y ovino para su posterior venta. Proviene de una familia humilde, se caracteriza por ser responsable y quiere sacar adelante a su familia, actualmente solicita un crédito para comprar materiales agrícolas; al ver las circunstancias en las que se encuentra quiere diversificar su producción ya que el lugar donde vive es una zona agrícola y podría producir legumbres, cereales y hortalizas. De esta forma lograra aumentar sus ingresos y proporcionar mejores condiciones de vida a 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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Martin to purchase farm supplies.
50% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 28, 2014
Currency Exchange Loss:
Possible