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Francisca
Francisca is 71 years old, is married, and has five adult children. In spite of her age, Francisca is able to continue working with the help of her children. She lives in the town of Esquilan Chico, in the Quillacollo province, in the Cochabamba department. Her main business activity is the production of raw milk. Currently she has 10 head of dairy cattle. She delivers the product to PIL, a factory that makes dairy products.

The purpose of the loan is to buy a cooling tank. This purchase is being made by a group of people who do not have a tank for collecting milk or who have another tank that is too far away. So the group decided to buy a tank that could benefit everyone in the area.

One of her dreams is to continue growing her business until she has a little farm with at least 30 head of cattle that she can pass on to her daughters.
View original language description ↓
La señora Francisca tiene 71 años, es casada, tienen 5 hijos los cuales son independientes, doña Francisca a pesar de su edad sigue trabando con la ayuda de sus hijas, vive en la comunidad de Esquilan Chico, en la provincia de Quillacollo, del departamento de Cochabamba. Su principal actividad es la producción de la leche cruda, actualmente cuenta con 10 cabezas de ganado lechero en producción, el producto entrega a PIL, una empresa que se dedica a la elaboración de productos lácteos.
El destino del préstamo es para la compra de un tanque de enfriamiento, dicha compra se está realizando por un grupo de personas los cuales no contaban con un tanque para acumular la leche, o si tenían otro tanque les quedaba muy lejos, entonces un grupo de personas decidió comprar un tanque con lo cual se beneficiaría todo la zona.
Uno de sus sueños es seguir creciendo en su actividad hasta llegar a tener una pequeña granja de por lo menos 30 cabezas que pueda pasar al manejo de sus hijas.

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
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,785,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francisca to buy a cooling tank for raw milk with a group of people.
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:
Nov 17, 2013