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Carmen Monica
Carmen Monica's family moved from Cochabamba a year and a half ago. She has three daughters who are studying. Today, they live in the Villa Paraíso neighborhood, 45 minutes away from the city.

Her husband works as a taxi driver but that only covers some food expenses and barely their daughters' education. His wife, Carmen Monica, works as a street vendor selling food -pork sandwiches- to help, but her sales are not enough to subsist. For this reason, they are requesting a loan to increase her sandwich production in order to help her husband and daughters improve their quality of life.
View original language description ↓
La familia de la señora Carmen Monica, es una familia que emigro de Cochabamba desde hace un año y medio; ella tiene tres hijas las cuales estudian, hoy viven el barrio villa Paraiso y se encuentra a 45 minutos de la ciudad, el esposo se dedica al trabajo de taxista pero este trabajo solo alcanza para conciliar algunos gastos de alimentación y a duras penas los estudios de sus hijas, la esposa, la señora Carmen Monica se dedica al comercio de venta de comida en la calle, vendiendo sanduwich de chancho para ayudarse pero la cantidad que vende aun no les alcanza para poder subsistir bien, por este motivo necesitan el préstamo para poder aumentar su producción de sanduwich y así poder ayudar a su esposo y a sus hijas mejorando la calidad de vida.

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
  • 104
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Carmen Monica to increase her sandwich sales.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012