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Maria
María is 44 years old and is currently separated from her husband. She has 6 children, 2 of whom are in school and still dependent on her income. The two oldest daughters work, since they were not able to finish their bachelor’s degrees. María and her children live in their own house in the community of Kara Kara in the city of Cochabamba.

Maria’s work is selling food; every morning she sells from a spot located on the street in the same area where she lives, and in the afternoons from a food stand for the hardworking employees of a cleaning service. With the help of her children, María works a lot every day in order to get her children ahead, since they cannot count on the economic support of her husband.

The purpose of the loan is to purchase tables and chairs for the stand, with which she will improve and expand her selling conditions, and her customers will be able to eat their plates of food more comfortably. Among her dreams and goals are that her 4 sons will be able to study for a professional career, so that in this way they can have a better standard of living; and in the future, to have her own restaurant, because what María does best is cook!
View original language description ↓
La señora María tiene 44 años actualmente está separado de su esposo, tiene 6 hijos de los cuales 2 aun dependen de sus ingresos y están estudiando, las dos hijas mayores trabajan ya que no lograron terminar ni el bachillerato, la señora María y sus hijos viven en la comunidad de Kara Kara en la ciudad de Cochabamba en su propia casa, la principal actividad de la señora María es la venta de comida, todos por las mañanas los días vende en un puesto que está ubicado en la calle en la misma zona donde vive y por las tardes en un kiosco para los trabajadores de una empresa de limpieza. Con la ayuda de sus hijos la señora María trabaja mucho todos los días para sacar adelante a sus hijos ya que no cuentan con el apoyo económico de su marido.
El destino del crédito es para la compra de mesas y sillas para el kiosco, con lo cual mejorara y ampliara las condiciones de venta y los clientes podrán servirse su plato de comida más cómodamente.
Entre sus sueños y metas esta que sus 4 hijos puedan estudiar una carrera profesional para que de esa manera puedan tener un mejor nivel de vida y en futuro tener un restaurant propio ya que la señora maría lo que mejor hace es cocinar.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Maria to purchase tables and chairs for her stand.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Aug 6, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014