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Jose Luis
Señor José is 24 years old, and his main business activity is the production of raw milk, for which he has 5 dairy cows. He has recently managed to buy more livestock and in this way boost his output. He lives in the south of the city of Cochabamba. He is a responsible, hard-working individual with real motivation to get ahead. He worked from a young age, because his parents didn't have a lot of money and he learned the value of sacrifice.

The reason he is requesting this loan is to buy animal feed for his dairy cows, given that due to the constant rains this feed is becoming scarce and it is harder and harder to get hold of. Without this feed, the livestock will decrease their production which would be bad, as he wouldn't earn what he needed to meet his needs and help his mother to pay some basic services.
View original language description ↓
El señor José tiene 24 años de edad, su principal actividad es la producción de leche cruda para lo cual cuenta con 5 cabezas de ganado vacuno lechero, hace poco logro comprar más ganado y así aumento su producción, vive en la zona sud de la ciudad de Cochabamba, es una persona responsable, trabajadora y con muchas ganas de superarse, trabajo desde muy pequeño ya que sus padres no tenian muchos recursos economicos y aprendió el valor del sacrificio, el motivo del presente crédito es para comprar alimento balanceado para su ganado lechero dado que por las constantes lluvias este alimento está escaseando y cada vez es más difícil de conseguir, sin este alimento el ganado disminuirá su producción lo cual sería malo, ya que no podrá tener los ingresos necesarios para poder satisfacer sus necesidades y ayudar a su mamá en los pagos de algunos servicios básicos.

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
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    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 Jose Luis to buy animal feed for his dairy cows.
62% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Apr 8, 2014
Currency Exchange Loss:
Possible