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Nicolaza
Nicolaza is 33 and a single mother of two children. She lives with her mother, who is 61, in the town of Aguirre, some 42 km outside of the city of Cochabamba. Nicolaza grows agricultural crops such as potatoes and beans on her farm of 1.6 hectares. She cares for 4 cows, and is a very hardworking woman. She seeks this credit to buy organic fertilizer to increase her potato crop yield. She used a prior loan to pay for her own house. She does not have access to credit in large banks, and is very happy to be able to participate in microcredit and improve her family's situation, allowing her two children the opportunity to study.
View original language description ↓
La Señora Nicolaza tiene 33 años es madre soltera con 2 hijos menores dependientes , vive con su madre que tiene 61 años en sector de Aguirre ubicado a 42 km de la ciudad de Cochabamba, La sra. Nicolaza se dedica a la agricultura produce papa, haba, oca en su terreno que tiene 1.6 has y 4 cabezas de ganado vacuno, es una persona humilde pero trabajadora, ella ha solicitado el crédito para comprar insumos agrícolas abono orgánico más semilla de papa, porque el capital que tenía lo ha invertido en la compra de una casa, ahora el lugar donde habita es propio. Para ella es muy difícil acudir a los Bancos de la ciudad que les piden muchos requisitos, por eso se tuvo la iniciativa de ir a esa zona y ofertar crédito, la Sra. Nicolaza está muy contenta de haber que tiene la oportunidad para comprar los insumos agrícolas para siembra, de este modo tendrá la seguridad de sus hijos puedan tener una mejor calidad de vida y también poder ahorrar dinero para hacer estudiar a sus dos hijos.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $30,301,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nicolaza to buy organic fertilizer and crop seed.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 25, 2011
Listed
Jun 14, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013