Octavio has been living with his partner Esperanza for more than 12 years. They both know how to read and write and have four dependent children who are in school. They have lived in the north of Colomi, in a community called Rodeo Alto-Candelaria for the past ten years. They own some cattle (both for meat and milk).
Octavio tells us that he is investing some savings that he had in building his house so that his family can live more comfortably. They are farmers and every year they grow potatoes, papaliza and oca (native tubers) and beans. He came to request a loan in order to buy a plot of farmland.
Finally, Octavio tells us that they feel very happy to have received a positive response and to know they have a good future ahead of them. He will now have more land on which to grow his crops as the land on which he has done this up to now was an inheritance from his parents.
El señor Octavio conviviente con la señora Esperanza más de 12 años, saben leer y escribir con 4 hijos dependientes que estudian, viven hace 10 años atrás hacia el norte de Colomi comunidad Rodeo Alto-Candelaria como también tienen cabezas de ganado vacuno engorde y lecheras.
El señor Octavio nos cuenta, el dinero que tenía como ahorro lo está invirtiendo en construcción de su vivienda para vivir más cómodos, son agricultores anualmente producen papa, papaliza, haba, oca, por este motivo el vino para sacar un crédito para reintegrar de la compra de terreno agrícola.
Por último el señor nos cuenta que se sienten muy alegres por haber conseguido una respuesta positiva y tener siempre un buen futuro por delante, ahora va tener terreno para sembrar en más superficies ya que estaba cultivando en herencia de terreno de sus padres.
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.