Lidia is a 50-year-old mother of three children, ages 15, 17, and 20. She currently lives with her common-law husband, and all three of her children are currently studying at university. For the past 15 years, Lidia has been tending to the land she inherited from her parents in an area of Cochabamba Department called Albra Rancho. Lidia is a very hard worker and has been through many tough times. A short while ago, her husband became psychologically ill and she has had to support her family on her own for over two years. She continues to work hard to make sure that her children do not miss out on any opportunities; Lidia wakes up at 4:30am to bring her livestock food and to begin milking them.
With this loan from CIDRE, Lidia plans on purchasing soy husks for feeding her dairy cows. She believes this will help them increase her milk production, and in turn increase her earnings. Her dream is that her children all become professionals and have families of their own.
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.