Don Julian and his wife have a son who is disabled. Throughout the year, they must pay for expenses related to his hospital treatments and other services. For this reason, they need a loan in order to buy organic compost and potato seedlings. The planting season has arrived and they are in urgent need of these supplies. Sr. Julian is encouraged by the idea of being able to contribute to the welfare of his family by increasing their income, especially for the purpose of paying his son’s medical expenses.
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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Success!! The loan was 100% repaid