This new loan will be used to buy merchandise (beverages to sell). With this new business, Roberto will be able to have more income so that he can meet the needs of his family in one way or another. At the moment, he does not generate good income from his work. For this reason, CIDRE is presenting Roberto’s story so that it can be shared with everyone.
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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