The loan will be used to buy food for the dairy cows, since the price has increased from lack of rain. In this way he can feed his livestock the normal amount and their milk production and his earnings will not be affected. The loan will also be used to pay for his share of the water well that they are building in the area to irrigate his land.
Braulio tells us that his biggest dream is to provide every comfort for his wife and children, since their house does not currently have many luxuries or necessary utilities. He also tells us that with the next loan he gets, he would like to build a house for his children, so that they can live more comfortably.
El crédito será destinado a la compra de alimento para ganado lechero que en esta época por la falta de lluvia el precio se incrementa, para de este modo poder alimentar a su ganado con normalidad y que su producción lechera y sus ingresos no se vean afectados. También será destinado para el pago de una acción del pozo de agua que construirán en la zona para el riego de sus tierras.
Braulio nos cuenta que su mayor sueño es poder darles toda la comodidad que pueda a su esposa y a sus hijos, ya que su casa por el momento no cuenta con muchas comodidades o con los servicios necesarios. También nos dice que el próximo crédito que saque quisiera utilizarlo para poder construirles casa a sus hijos, y así vivan más cómodos.
About CIDRECIDRE 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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Success!! The loan was 100% repaid