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Maria Patricia

Update on Maria Patricia

Mrs. María is thirty-seven years old and lives in the East Ring Road area. She came from Potosí when she was a child and lives together with her aunts and uncles which she has done for many years. She works as a secretary in a water systems company and at the same time she makes handicrafts together with a group of local women.

María Teresa was unable to finish her studies in business administration, because she did not have someone to support her and because she had to work. María is a single mother, with a five-year-old daughter. She tries to spend as much time as possible with her and give her all the attention that she did not have as a child, because of several reasons. However, María was able to get ahead in life.

She needs to buy material for her embroidery art.
View original language description ↓
La señora María tiene 37 años de edad, vive en la avenida Circunvalación Oeste de la ciudad, ella vive con sus tíos ya muchos años ella agradecida por el apoyo que le dieron en brindarle una casa,ella quiere tener una casita propia, ya que ella se vino de Potosí cuando era niña, al mismo tiempo trabaja realizando manualidades con las señoras de la zona como un trabajo grupal. María Teresa no pudo terminar su carrera de administración de empresas, porque ella no tenía a ninguna persona para poderla ayudar y ella trabajaba, también realizaba trabajos artesanales, ella cuenta ahora con un pequeño taller de manualidades ella necesita material para sus artesanias, María es madre soltera tiene una niña de cinco años con la que realiza todas sus actividades y trata de estar siempre con ella ya que solo vive con ella trata de estar el mayor tiempo posible porque quiere brindarle la atención que ella no tuvo cuando era niña por distintas circunstancias, pero María supo salir adelante. Ella necesita material para realizar sus bordados.

Previous Loan Details

Maria is 37 years old and she lives on Circunvalacion Oeste avenue in the city . She lives with her aunt and uncle as she left Potosi when she was a young girl. She worked as a secretary in the region for a water systems company but at the same time she also created crafts with the women in the c... More from Maria Patricia's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Bolivia

  • $5,500
    Average annual income
  • 196
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Maria Patricia to purchase materials to make crafts.
88% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
N/A
This photo was used before for a previous loan for Maria Patricia. It was first posted on Kiva on Apr, 2011. Learn More