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Dionicia
Mrs. Magarita is 29 years old and lives with her partner. They have four children (10, 8, 6, and 1) and are a family living in poverty. They have been together for only five years and already have four children. They live in the city of Cochabamba in the Machacmarca locality. They do not have their own home; they live in their parents' house, which they will inherit in the future.

Magarita's main business is the production of milk. Currently she only has three dairy cows, whose output she delivers to a company that makes dairy products. Her husband works as a mechanic on-call, but because he doesn't work for an established business he does not work every day. This means they cannot afford their weekly expenses.

The loan will be used to purchase a dairy cow, which will increase milk production and thus raise her income.

Among her dreams and goals are having a small farm with 20 dairy cows and make improvements on the house that she will inherit from her parents so that each child can have their own room. Currently there are only two bedrooms one for all four children and the other for the parents.
View original language description ↓
La señora Margarita tiene 29 años viven con su conviviente, juntos tienen 4 hijos (10, 8,6 y 1) son una familia D. escasos recursos económicos ya que apenas están 5 años juntos y ya tienen 4 hijos. Viven en la Ciudad D. Cochabamba en la localidad D. Machacmarca, no tienen su casa propia viven en la casa D. sus padres que en el futuro heredaran dicha casa.

La principal actividad del cliente es la producción D. la leche cruda, actualmente solo cuenta con 3 cabezas D. ganado lechero cuyo producto entrega a una empresa que se dedica a la elaboración D. productos lácteos. Así como también el esposo trabaja D. mecánico a domicilio, como no trabaja en una empresa fija no todos los días tiene trabajo razón por lo cual el dinero no alcanza para los gastos D. la semana.

El préstamo será destinado para la compra D. una cabeza D. ganado lechero, para D. que D. esta manera pueda incrementar la producción D. la leche y pueda mejorar sus ingresos.
Entre sus sueños y metas D. la señora margarita esta aumentar la cantidad D. cabezas D. ganado lechero, tener por lo menos una pequeña granja D. 20 cabezas D. ganado lechero, realizar una nueva construcción D. su casa que le heredara sus padres, lo cual tenga una habitación para cada hijo, ya que actualmente solo cuentan con 2 habitaciones uno para los 4 hijos donD. están muy incómodos y el otro para los padres.

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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Dionicia purchase of dairy cow.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 20, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012