Bolivar's Dream

Simón Bolívar, the liberator of much of South America, didn't dream of the modern South America like it is now. In fact, he thought about a loose federation of states, stretching from Costa Rica to Perú (the Bolivarian countries). Unfortunately, rising tensions between Perú, the Bolívar Republic, and Colombia, ruined his dream. What if they had accepted Bolivar's plan, and became the Federated Republic of Bolívar?