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Irene Fanny
Irene is 36 years old and has three children. Her eldest child, aged 18, attends university, and the younger two children, aged 14 and 9, attend a nearby public school. Irene has six cows on her dairy farm, but the milk they provide has not been sufficient for her to gain the returns she needs to cover her children's education, so she also sells clothing in the local markets.



Irene has been working on the dairy farm now for over 20 years, and has been selling clothing in the markets for the past five years. She lives in Malco Rancho, in the Quillacollo Province of Cochabamba Department. With this loan from CIDRE, Irene is going to purchase more livestock in order to produce more milk. She hopes this will help her improve her economic situation.



Irene's husband left her and the children a few years ago, so she has been forced to care for and raise the children on her own. Although she has had to fill the roles of both mother and father, her children are her inspiration and she wishes for nothing more than their success.

Additional Information

About CIDRE

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

  • $2,817
    Average annual income
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $30,294,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Irene Fanny the purchase of livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 12, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011