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Victor Hugo
Victor Hugo is 23 years old, married, and completed primary school. He lives in his parents’ home. He has one dependent, his little son. His principal economic activity is agricultural production. He cultivates potatoes and broad beans on his own parcels of land that he inherited, and in company (in other words, on the land of someone else, that person has the land and the clients the labour and some agricultural inputs, and at harvest the product is divided in equal parts). His land is located in the community of Sankayani Bajo in the municipality of Tíraque, approximately 75 kilometers away from Cochabamba. Finally, Victor Hugo and his wife show eagerness to be able to increase their agricultural production and therefore, they need to solicit investment capital to buy the agricultural inputs and in this way be able to increase their income, which is going to improve the family’s standard of living.
View original language description ↓
EL VICTOR HUGO, es una persona de 23 años de edad de estado civil casado, alcanzo a estudiar la primaria, vive en casa de sus padres, cuenta con un dependiente económico a cargo el cual es su pequeño hijo; la actividad económica principal a la que se dedica es la producción agrícola; produce papa y haba en sus propias parcelas producto de herencia y en compañía (es decir en terrenos de otra persona la misma dispone el terreno y los clientes la mano de obra y algunos insumos utilizados en la agricultura y a la cosecha el rendimiento se dividen en partes iguales), sus terrenos se hallan situadas en la comunidad de Sankayani Bajo del municipio de Tíraque distante aproximadamente a unos 75 Km. de la ciudad de Cochabamba. Finalmente el cliente y su esposa manifiestan tener ganas de poder incrementar su producción agrícola y para tal efecto se ven en la necesidad de solicitar capital de inversión para la compra de insumos agrícolas y de tal forma poder obtener mayores ingresos económicos que vayan a mejorar las condiciones de vida de la 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
  • 128
    View loans »
    Bolivia Loans Fundraising
  • $34,651,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
A loan of $1,450 helped Victor Hugo to buy agricultural inputs.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 25, 2012
Jul 27, 2012
Currency Exchange Loss:
Aug 27, 2012