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Mr. Hernan V. S. is 28 years old and has three small children (two very young twins and a daughter who attends the local school). Mr. Hernan and his family live in the Vilomilla zone in the locality of Sipe-Sipe, which is 22 kilometers from the city of Cochabamba. It is a very agricultural area.

Mr. Hernan works building houses and his wife is in charge of their dairy cows. Both activities generate income that has helped them to sustain their family up to this point. They only have three dairy cows, which produce 15 liters of milk each day. They sell the milk in their local area. Hernan's wife can't do a lot because their twins are only a couple months old so she shouldn't leave them alone.

Mr. Hernan has a lot of demand from his customers for house construction and renovation, but he does not have all the equipment necessary to work most effectively. He rents a mixing machine, which has been very costly, and therefore he hasn't been able to save much. He realized it is necessary to request a loan so he can obtain his own mixing machine. This way, he will able to be save money for his family over time. Mr. Hernan hopes to offer his children a better future and, with time, to improve his family's living conditions.
View original language description ↓
El señor Hernan V. S. tiene 28 años de edad, tiene 3 hijos pequeños 2 gemelos muy pequeños y una hija que esta estudiando en la escuela de su zona. El señor Hernan y su familia vive en la zona de la Vilomilla ubicado en la localidad de Sipe-Sipe a 22 km de la ciudad de Cochabamba, zona muy agrícola.

El sr. Hernan se dedica a la construcción, de viviendas por la zona, y su esposa se encarga del cuidado del ganado vacuno con el que cuentan, ambas actividades le generan ingresos que les han ayuda a sustentarse hasta el momento. Solo cuentan con 3 cabezas de ganado vacuno de donde apenas producen 15 litros de leche diarios y estos los comercializan en la zona, la esposa de Hernan no puede hacer muchas actividades pues sus bebes gemelos aun tienen un par de meses y no debe dejarlos solos.

El Sr. Hernan tiene mucha demanda de clientes en la construcción y refacción de viviendas, pero no cuenta con todos los equipos para poder realizar un trabajo mas efectivo, el se alquila una maquina mezcladora, y esto le ha generado mucho costo, y no ha podido ahorrar mucho, por este motivo, se visto en la necesidad de solicitar un crédito para poder obtener una maquina mezcladora y con el tiempo poder ahorrar para gastos familiares.
El sr. Hernan desea dar un futuro mejor a sus hijos y con el tiempo mejorar las condiciones de su vivienda para que su familia.

Additional Information


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.

About Bolivia

  • $5,500
    Average annual income
  • 126
    View loans »
    Bolivia Loans Fundraising
  • $34,692,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Hernan to buy construction equipment (a mixing machine).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 5, 2011
Jan 27, 2011
Currency Exchange Loss:
Feb 25, 2012