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Nancy
Ms. Nancy V. O. is 19 years old. She is single and a high school graduate. She lives with her parents and is a farmer. She grows potatoes, peas, corn and barley in the community of Plano Bajo - Tíraque, located approximately 65 Km. from the city of Cochabamba. She is also planning on studying at the Universidad Mayor de San Simón of Cochabamba, since they accepted her as a regular student. Her parents are elderly, but despite that they continue working and cooperating actively with their daughter to be able to increase their income, thus improving their quality of life.

To that effect, they are in need of needing to ask for investment capital to buy a water pump to facilitate the irrigation of their crops. Ms. Nancy will also buy ducks since she has ponds where she can keep these animals and in this way have additional income by selling eggs and meat.
View original language description ↓
La Señorita Nancy V. O., es una persona de 19 años de edad, soltera, bachiller en humanidades, vive con sus padres, es agricultora produce papa, arveja, maíz y cebada en la comunidad de Plano Bajo - Tíraque que está ubicado a unos 65 Km. aproximadamente desde la ciudad de Cochabamba. También tiene previsto estudiar una carrera superior en la Universidad Mayor de San Simón de Cochabamba ya que le aceptaron como estudiante regular. Sus padres son personas de la tercera edad, a pesar de esto siguen trabajando y colaborando activamente con su hija para poder incrementar sus ingresos económicos, mejorando de esta manera sus condiciones de vida.

Para tal efecto se ven en la necesidad de solicitar capital de inversión para comprar una bomba de agua para facilitar el riego de sus cultivos, asimismo también la señorita Nancy comprara patos ya que dispone de estanques que puedan acoger a estos animales y de esta forma obtener otros ingresos adicionales a partir de la venta de huevo y carne.

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,679,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nancy to increase investment capital for farming activity.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 14, 2011
Listed
Jan 30, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013