Gregoria C. O. has been raising cattle for three years. She has three cows which she looks after and feeds. Her husband works as a construction worker in the area. They only get to see each other at night since he is out of the house all day and has little time to see their two small children who are not in school yet.
This is a family of few economic means. They live in a very poorly-built house in Sipe Sipe, almost 22km from the city of Cochabamba. They are requesting a loan so that they can buy a dairy cow which will give them the possibility to make a little more income with which they can feed their children. It will also give them the possibility to grow their working capital.
La señora Gregoria C. O. se dedica a la cría de ganado vacuno hace tres años atrás , tiene tres vacas de las cuales ella se ocupa de cuidarlas , alimentarlas, su esposo trabaja de albañil por su zona, ellos logran verse solamente en las noches ya que todo el día esta fuera y tiene poco tiempo para poder ver a sus hijos que son 2 pequeños que aún no van a la escuela , estos señores tienen bajos recursos, viven en una casa muy precaria, en la zona de Sipe Sipe a casi 22 km de la ciudad de Cochabamba; ellos solicitaron un crédito y poder comprar una vaca lechera , que les dará la posibilidad de tener un poco más de ingresos para la alimentación de sus hijos y la posibilidad de hacer crecer su capital de trabajo.
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.