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Fermín is 40 years old. He lives with his wife, Felicidad. Their house is located in the town of Monteagudo., Fernández canton, in the community of Camalote. The client's main activities are raising and selling pigs as well as cattle. He also grows yellow feed corn and sells some of it and uses the rest to feed his pigs. Fermín has 3 children who are in school. They are why he works hard to cover the school and expenses of his children so that they loan keep going to school until they have careers and a better life. He is asking for a loan to plant corn to be used to feed his pig. This way, he will improve their feed and that will mean income that will help cover the cost of his children's education.
View original language description ↓
El señor Fermín tiene 40 años de edad, vive con su esposa Felicidad, su domicilio esta ubicado en el Municipio Monteagudo. Cantón Fernández comunidad Camalote. Sus principales actividades de los clientes son la cría y venta de ganado porcino mejorado, como también venta de ganado vacuno, por otra parte produce y vende maíz amarillo duro una parte y con lo restante lo alimenta sus cerdos como para la alimentación de ellos mismos. Fermín Tiene 3 hijos que se encuentran estudiando en la escuela, es por eso que trabajan arduamente para cubrir los gastos de estudios y otros de sus hijos, para que estos puedan continuar sus estudios hasta salir profesionales y tener una mejor vida. Están solicitando crédito para sembrar maíz que será destinado para alimentar sus cerdos, Con esto mejoraran la alimentación de sus cerdos, lo que podrá significar ingresos que les ayudara a cubrir los estudios de sus hijos.

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
  • $36,246,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Fermin to buy materials to plant corn.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Nov 19, 2012
Jan 1, 2013
Currency Exchange Loss:
Jan 17, 2014