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Blanca Esther
Blanca is a fourth-year student at the university. She lives in the southern part of the city of Cochabamba and has a small store that in order to generate income. Blanca also works as a nursing assistant where she earns a monthly salary of 400 BOB.

Blanca needs a loan so that she can increase some of the inventory in her store and generate a larger monthly income. In addition to managing her store, she also needs to pay for her studies. She returned to CIDRE in order to obtain a Kiva loan, for which she is grateful. Blanca would especially like to thank Kiva for providing micro-loans to people in financial need so that the can improve their economic situation and achieve a better quality of life.
View original language description ↓
Blanca es estudiante de 4 año de la Universidad , vive en la ciudad de Cochabamba, en la zona sud de esta cuidad, tiene una pequeña tienda junto a sus padres de cual obtienen sus ingresos, Por otra parte trabaja como enfermera auxiliar con un sueldo de 400 Bs mensuales, obtiene un salario muy bajo ya que se encuentra en proceso de formación y todavía no es profesional, Ella requería un pequeño préstamo para incrementar algunos insumos en la tienda y así poder genera un mayor ingreso mensual, pues tambien cuenta con una pequeña tienda con lo cual tambie npuede pagar sus estudios. Para ello recurrió a nuestra institución financiera, quien le facilitó un crédito del proyecto KIVA por lo cual ella está muy agradecida, en especial a KIVA por canalizar micro préstamos a personas con necesidades económicas que además les sean de ayuda para mejorar su situación económica y acceder así a una mejor 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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $28,885,700
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,450 helped Blanca Esther to buy more merchandise for her store.
88% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Covered