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Ruth Mery
Ruth is 48 years old and lives together with her children in a house that belongs to her parents. The house is located in L. Pampa neighborhood, in the city of Tarija. Ruth is single but she has two children aged 20 and 15. For several years, she has had a sales location where she sells food, cookies, soft drinks, etc which is located in the University of Dentistry. Through life's circumstances, Ruth was left on her own. Now she has to work on her own in order to get her children ahead in life. One of them is already attending university.

Ruth has had her business at the university for 22 years. She is very well known by the professors and students who eat her products. Ruth would now like to make better income in order to get ahead in life but she tells us that she needs to buy an industrial stove and merchandise with which to better stock her sales location. As she already has experience in this field, her loan will be used to buy the stove and merchandise that she needs to carry out her business so that she can increase her income. Ruth tells us that she would like to improve her living conditions. She says that she will therefore request her next loan to improve the condition of her home.
View original language description ↓
L. señora Ruth tiene 48 años D. edad y vive en una casa D. propiedad D. sus padres junto a sus hijos. Vivienda que esta ubicada en el barrio L. Pampa D. L. ciudad D. Tarija. Ruth es soltera pero tiene 2 hijos D. 20 y 15 años D. edad, Ruth desD. hace varios años se dedica al comercio su puesto D. venta D. alimentos, galletas refrescos y otros, este puesto se encuentra dentro D. L. universidad D. odontologia. Por circunstancia D. L. vida se quedo soL.. Ahora Ruth tiene que trabajar soL. para poder sacar adelante a sus hijos que uno D. ellos ya esta en L. universidad. Ruth desD. hace 22 años que tiene su negocio en L. universidad. Es una persona muy conocida por los docentes y estudiantes que consumen sus productos, ahora Ruth quiere tener mejores ingresos para salir adelante, pero elL. nos cuenta que tiene L. necesidad D. comprar un horno industrial y mercadería. D. esa forma poder surtir mas su puesto D. venta. Como elL. ya tiene experiencia en el rubro el crédito será destinado para L. compra D. dicho horno y mercadería que es necesario para realizar su actividad para D. ese modo poder incrementar sus ingresos económicos.
Ruth nos cuenta que quiere mejorar las condiciones D. vida que tiene, por eso nos dice que el próximo crédito que solicite será para mejorar las condiciones D. L. casa donD. vive.

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

  • $5,500
    Average annual income
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ruth Mery to buy a stove.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2011
Listed
May 27, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2011