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Nicolasa
Nicolasa, 47, has five children. She married very young and worked for more than ten years as a merchant in the vegetable market in order to feed her children. The relationship between her and her spouse at the time wasn’t very good which is why she worked by herself to support her children. After many years of effort three of her children had grown up and she got divorced. She decided to leave the vegetable business because of health reasons but still had two children that needed her support. However, five years after her separation, she met her current spouse who is also separated and the two of them have three dependents. Seeing her family’s needs, Nicolasa decided to buy a kiosk in the vegetable market where she sells juice, refreshments, pills and other types of local consumer goods to improve income. Because of the great demand they decided to invest in a wider selection of goods for the kiosk.
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La señora Nicolasa tiene 47 años de edad tiene 5 hijos, se caso muy joven, trabajo mas de 10 años como comerciante en el mercado de verduras para poder dar alimento a sus niños, con la pareja que estaba ese tiempo no había mucho entendimiento, por esta razón ella trabajaba sola para el sustento de sus hijos, después de muchos años de esfuerzo por fin 3 de sus hijos crecieron, ella se divorcio, decidió dejar el comercio de verduras por problemas de salud, se quedo con dos de sus hijos que aun necesitaban su apoyo, sin embargo después de 5 años de separación conoció a su actual pareja que también es separado, tienen 3 dependientes, al ver las necesidades de su familia doña Nicolasa decidió comprar un kiosco en el mercado de verduras en donde vende jugos, refrescos, pastillas y otro tipo de productos de consumo de la zona, para poder mejorar los ingresos por la gran demanda decidieron realizar una inversión mas amplia en los producto del kiosco.

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

  • $5,500
    Average annual income
  • 232
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A loan of $1,450 helped Nicolasa to buy merchandise to increase sales.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 10, 2012