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Pedro
Sr. Pedro lives with his two young children. His partner abandoned them three years ago. Since then, he has lived as a single father who must care for his little ones. Pedro is a very responsible person who loves his children dearly. He works on his own land where he cultivates cassava, oranges, and other seasonal crops. His land is located in an area that is suitable for production.

Due to his extensive experience in handling farm crops, Pedro knows the risks that are involved and how to manage them well so that he can obtain excellent quality products that generate a good income. He is now requesting a loan so that he can buy supplies and materials for cultivating young palm trees (for harvesting hearts of palm) that are suitable for this area. This will increase his income considerably so that he can improve his quality of life and that of his young children.
View original language description ↓
El señor pedro vive con sus dos hijos pequeños, su concubina lo abandono hace 3 años atrás, desde entonces vive como padre soltero cuidando a sus pequeños, es una persona muy responsable que quiere mucho a sus hijos, trabaja en su terreno propio donde cultiva yuca, naranja y otros estacionales ya que su terreno se encuentra en una zona apta para la producción, su larga experiencia en el manejo de los cultivos agrícolas le permite conocer los riesgos a los que se somete y realizar un buen manejo para así obtener productos de excelente calidad que generen buenos ingresos, ahora solicita un crédito para compra de insumos y material para la implementación del cultivo de palmito que es apto para esa zona, ello incrementara considerablemente sus ingresos lo que le permitirá mejorar su calidad de vida y la de sus pequeños hijos

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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,275 helped Pedro to buy supplies and materials for cultivating young palm trees.
75% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 28, 2014
Listed
Jul 6, 2014
Currency Exchange Loss:
Possible