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Arminda
The member, Arminda, who lives with her two children, is a dairy producer and currently has five dairy cows in production, and three pregnant dairy cows. The loan is to buy a cooling tank that will be used jointly by a group of people who are in the same business and who deliver their milk to customers far away. The tank will benefit the member and others. The member currently lives in Esquilan Chico in the province of Quillacollo which is in the department of Cochabamba.
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La clienta, ARMINDA, vive con sus 2 hijos, la clienta se dedica a la producción de la leche cruda, actualmente cuenta con 5 cabezas de ganado lechero en producción, y 3 cabezas de ganado lechero preñadas. El destino del crédito es para comprar un tanque de enfriamiento, donde un grupo de personas están haciendo ese esfuerzo de comprar un tanque de enfriamiento, ya que la producción que sacan les queda muy lejos para ir a entregar, en ese sentido, será de mayor beneficio para la clienta y sus demás compañeras. Actualmente la clienta vive en la localidad de Esquilan Chico que se encuentra en la Provincia de Quillacollo del Departamento de Cochabamba.

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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Arminda to buy a milk cooling tank.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012