These loan applicants have been in the dairy business for quite some time, approximately eleven years. They have enough experience and learned the trade from their parents, who taught them everything about taking care of dairy cattle. They currently have eleven dairy cows.
Limbert and his wife are requesting a loan to rent farmland for growing alfalfa and corn because the prices of other types of feed (such as soybeans and cottonseed) are very expensive. This will help them minimize their costs so that they can earn a better income in the medium term.
Limbert is requesting his second loan from our organization. The previous loan was repaid without any delays.
Los solicitantes del prestamo se dedican a la lecheria desde hace mucho tiempo, unos 11 años, tienen bastante experiencia, empezaron a trabajar con sus padres los cuales les enseñaron todo sobre el cuidado del ganado lechero, cuentan con 11 vacas lecheras.
Ahora requieren del prestamo para poder alquilar un terreno donde cultivaran alfa-alfa y chala, esto debido a que los precios de los demas insumos (soya, pepa de algodon) estan muy altos y lo que requieren ellos es minimizar sus costos para obtener mayores ingresos a mediano plazo.
Es segundo credito que solicitan a nuestra entidad, el primer credito pagaron sin retrasos.
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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