María Teresa is very pleased with the loan she was granted because she will have a knitting machine of her own, thus allowing her to produce clothes more comfortably. As a result, she will increase her income and be able to save toward the purchase of a plot of land. Her greatest wish is to have a house of her own.
About CIDRECIDRE 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.
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