Funded

Total loan: $1,025
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Apolinar


A loan of $1,025 helped to buy potato seedlings and organic compost.


Apolinar's story

Sr. Apolinar is 43 years old and has been in a common-law relationship with Sra. Severina for more than 23 years. He has four children, but only two of them are dependents who are in school. They live in the community of Pucara, which is in Colomi and located 45 kilometers from the city of Cochabamba. He and his family are farmers who have received an elementary school education.

Sr. Apolinar and his wife said that they had another child who died last year, which is why they have had many expenses. For this reason, they requested a new loan to buy organic compost (poultry manure) and potato seedlings in order to take advantage of the low seasonal prices. They also want to buy these supplies while their current crop has yet to be harvested.

CIDRE operates in this area by providing loans. Sr. Apolinar has taken the opportunity to continue receiving benefits by utilizing a new loan for buying farming supplies. He is now very pleased since he did not have an easy time accessing loans from other financial institutions that asked for too many requirements. Most importantly, Sr. Apolinar says he continues to support his children's studies because he wants them to have a better future.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: February 28, 2012

Lenders and lending teams



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: February 28, 2012