Gladys is 38 years old, lives with her boyfriend, and has one 15-year-old daughter. She is a dairy farmer, and with the milk that her cows produce, she makes and sells yogurt and soft cheese. Gladys has worked with dairy cows now for over 20 years. She lives in the center of Maica, a community about 40 minutes outside of the city of Cochabamba.
Gladys is going to buy soy husks with her loan, to augment the food for her livestock. With the help of this additional food, she can continue producing more milk. Her products are well known in the area for their great quality. Gladys sells her products in all of the different markets of the city of Cochabamba.
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.