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Nancy
Nancy, 28, has a 4-year-old girl who she is raising alone because her partner abandoned her when she became pregnant and did not want to take responsibility for her. It was then that our client’s brother helped her set up a neighborhood grocery store so that she’d have a source of income for herself and the little girl she was expecting. It’s now been a little more than four years that she’s had this business (neighborhood grocery store) which she initially opened with help from her older brother who is like a father to her since she was orphaned at the age of three and her brother took over caring for her.

This store or grocery store is located in a good zone where there is a large number of people and no other nearby to be competition for her. Nancy needs working capital to buy more merchandise to better stock it. This is even more true now that the end of year festivities are approaching and demand for beverages in general increases and therefore so do sales.

Because of this and according to her need, our client has been given the opportunity to access a loan that will help her improve her source of income and quality of life both for her and for her little girl.
View original language description ↓
La señora Nancy, tiene 28 años de edad, tiene una niña de 4 años la misma que está siendo criada solo por ella; ya que su pareja la abandonó cuando ella quedo embarazada, y no se quiso hacer cargo de ella, entonces fue que su hermano de nuestra clienta le ayudó a poner una venta de barrio para que este sea su medio de ingresos tanto de ella como de la niña que estaba esperando, ya son poco más de 4 años que tiene este negocio(venta o pulpería de barrio), la misma que al inicio la puso con la ayuda de su hermano mayor, que es como su padre ya que ella quedó huérfana desde sus 3 años de edad, y su hermano fue quien se hizo cargo de ella.
Ésta tienda o pulpería se encuentra ubicada un una buena zona donde existe bastante afluencia de personas, y no hay otra cerca que pueda ser su competencia y la señora Nancy, necesita de un capital de operaciones para poder compra más mercadería y poder surtir su venta para mejorar la misma, esto con mucha más razón porque se acercan fechas festivas de fin de año y existe mayor demanda de bebidas en general y por tanto esto incrementaran sus ventas.
Es por este motivo y de acuerdo a su necesidad de nuestra clienta que se le ha dado la oportunidad de que pueda acceder a un credito, el mismo que le ayudará a mejorar su fuente de ingreso y calidad de vida, tanto de ella como de su niña.

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
  • 236
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nancy to buy more stock merchandise for her store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012