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Rene
Rene and his wife are young people who were only able to study until primary school because of different circumstances in their lives. They live in his father’s rustic-style house with their two young children for whom they are financially responsible.

His principal economic activity is farming. He grows mostly barley, potatoes, and wheat on land that belongs to his father, who gives them all of his support. Rene and his family live in Tiraque.

He is a responsible, hardworking person, but in order to continue working for his children and his family, he needs to request a loan for the purchase of agricultural supplies that he needs for his crops. In this way, he will be able to achieve higher yields and income, which will improve his family’s living conditions.
View original language description ↓
El señor Rene y su esposa son personas jóvenes que solo alcanzaron a estudiar hasta el nivel primario por diversas circunstancias de la vida, viven en casa de su padre que es de construcción rustica y cuentan con dos niños pequeños dependientes económicos a su cargo, la actividad económica principal a la que se dedica es la producción agrícola, los productos que cultiva más son cebada, papa y trigo en terrenos de su padre, quien les brinda todo el apoyo. Rene y su familia viven en Tiraque, él es una persona responsable y trabajadora, pero para poder seguir trabajando por sus hijos y su familia tienen la necesidad de solicitar un crédito para la compra de insumos agrícolas que necesita para su producción, así podrá obtener mayores beneficios e ingresos económicos que vayan a mejorar las condiciones de vida de 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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,634,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $875 helped Rene to purchase agricultural supplies.
20% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible