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Nancy
Nancy is 40 years old, married, and has a 10-year-old son. She recently returned from working hard in Spain, and she has been able to get together enough money for a small farm with 10 dairy cows that will produce raw milk that will be sold to a company that makes different dairy products.

Nancy lives in the city of Cochabamba in the Machajmarca neighborhood, where she has a small house in front of her farm. These days, she lives alone with her son as her husband is constantly traveling to Santa Cruz for his job in the heavy transport service.

This loan will be used to build a stable for her herd, which is needed for their proper care during this season of heavy rains. Among Nancy's dreams and goals are to increase the amount of milk she produces and thus grow her little farm. With a second loan, Nancy hopes to do some remodeling on her home and that her young son will study a lot so he won't need to travel to other countries in search of employment like she did.
View original language description ↓
La señora Nancy tiene 40 años está casada. Tienen un hijo de 10 años, acaba de volver de España donde ha trabajado duro y ha logrado reunir lo suficiente para tener una granja pequeña de 10 cabezas de ganado lechero, para la producción de leche cruda cuyo producto entregan a una empresa que se dedica a la elaboración de diferentes productos lácteos.

Doña Nancy vive en la ciudad de Cochabamba en la comunidad de Machajmarca , donde tiene una casa pequeña al frente de su granja. Actualmente vive ella sola con su hijo ya que el marido viaja constantemente a la ciudad de santa cruz, por su trabajo que es el servicio de transporte pesado.

El destino de este crédito es construir un establo para su ganado que en esta temporada de fuertes lluvias es necesario para el cuidado del ganado. Entra sus sueños y metas de doña Nancy es el aumentar la cantidad de producción de leche de esta manera crecerá la pequeña granja que tiene, con un segundo crédito la señora Nancy desea realizar una nueva construcción de su casa y que su hijo pequeño estudia mucho para no tener la necesidad de viajar a otros países en busca de empleo como tuvo que hacerlo ella.

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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nancy construction of a stable to house her cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010