Because things became a bit crowded, Hilda began constructing an additional room so that her small general store could be relocated there. It still needs a roof, so with this loan Hilda will purchase the construction materials she needs to finish it. Then she will move her shop to the room which will allow her to then begin providing more goods for sale through the shop.
Hilda looks forward to the future and the opportunity to improve her quality of life once the relocation of her shop is complete.
About CIDRECIDRE 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.
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Success!! The loan was 100% repaid