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Margaret
Margaret works making ‘salteñas’ [meat turnovers] at home, an activity she’s been doing for more than three years which is why she’s asking for a loan to buy an electric kneader in order to work faster for her customers. She’s the mother of four children who she and her husband support economically and morally; they provide them with a good education so that in future they will be able to fend for themselves and become professionals since she was unable to do so herself due to economic problems her parents had back then. This is why her goal is to make more salteñas to earn higher income so that she can continue helping her husband support her children in university and in high school; she also wants to be able to continue supporting her parents since their only economic help comes from Margaret because as she states, just like they supported her in the most difficult times now it’s she who must help them any way she can.
View original language description ↓
La Sra. Margaret se dedica a la Preparación de Salteñas en su mismo domicilio, actividad que la viene desarrollando hace mas de tres años, por ello solicita un crédito para poder comprar una Maquina Sobadora para que de esa manera pueda atender mas rápido a sus clientes, es madre de cuatro niños a quienes junto con su esposo apoyan moral y económicamente, les brindan una educación buena para que en el futuro puedan defenderse y llegar a ser profesionales ya que su madre no pudo serlo por los problemas económicos que sus padres en ese entonces atravesaban, por ello su meta de la cliente es poder preparar mas salteñas para poder obtener un mayor ingreso y de esa manera poder colaborar a su esposo para que puedan seguir apoyando a sus hijos tanto en la Universidad como en el Colegio y además quiere brindar un mayor apoyo a sus padres ya que no tiene otra ayuda económica mas que la Sra. Margaret, pues así como ellos le apoyaron en los momentos mas difíciles ahora ellas es quien tiene que ayudarlos con lo que pueda, aseguro la cliente.

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
  • 86
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Margaret to buy a kneader.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 17, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013