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Ruth Cinthia
Ruth Cinthia A. G. works in food sales. She is 39 years old and lives in the Pacata Alta area of the city of Cochabamba. She has 3 children and has been divorced for 5 years. Her ex-husband does not take financial responsibility for his small children.

That is why Ruth started in the business of selling food by a bus stop where the drivers gather. She has regular customers. She only serves food from mid-morning through lunchtime. She serves 50 meals a day and in the afternoon cares for her children.

Ruth has a gift for preparing meals that are very pleasing to the palette. That is why the demand has grown and she no longer has the capacity to serve her customers. That is the reason that she applied for a loan to enlarge her kitchen and meet the demand. This will bring her more income and will increase her family's quality of life.
View original language description ↓
La señora Ruth Cinthia A. G. se dedica al servicio de expendio de comidas, tiene 39 años, vive por zona de Pacata Alta de la ciudad de Cochabamba, tiene 3 hijos se encuentra divorciada desde hace 5 años, su ex esposo, no responde económicamente con la responsabilidad de sus pequeños hijos.

Es así que Ruth empezó a dedicarse al negocio de ventas de comidas en una pensión en la parada de autobuses donde todos los choferes acuden, y tiene clientes ya fijos ella solo atiende comidas de media mañana y almuerzos, donde sirve casi 50 platos diarios, y por la tarde se dedica a atender a sus hijos.
Ruth tiene un don para preparar platos de comidas muy agradables al paladar, razón por la cual, la demanda a crecido pero, ya no cuenta con la capacidad de atender a sus clientes, es la razón por la que se apersono a solicitar un crédito, para realizar ampliación en la cocina y poder satisfacer la demanda, lo que le generara mejores ingresos, e incrementara su calidad de vida para su familia.

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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,670,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ruth Cinthia operating capital, investment for better infrastructure.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2012