Martha is 41 years old and single. Martha's parents live with her and she is an only child. Because her parents are elderly, she takes care of them and all of their needs.
She has been working as a dairy cow farmer for over 20 years in Esquilan Chico, which is at the southern end of Cochabamba. Martha sells the milk her cows produce to a large local dairy company called Pil. This company makes all sorts of dairy products, including milk, yogurt, and cheese.
With this loan from CIDRE, Martha plans to purchase another dairy cow. This will allow her to increase her milk production and also her earnings. Martha hopes that in the future, she can take out another loan to remodel their home so her parents can be more comfortable.
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.