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Lucia
Borrower Lucía only completed elementary school. She’s married and lives in the community of Colchani. She has school age children. Her house and her fields are in the same community of Colchani which is in Patacamaya. She grows potatoes, carrots, lima beans and other products and production has been improving. She sells in the city of La Paz and in Patacamaya.

What happened to her was that during a trip she made to sell her products with her little girl, she became ill and they couldn’t determine either the origin or the cause of her illness. Her husband had to sell some of the cattle and products to cure his wife’s illness and because they have limited economic resources the loan is to buy improved cattle so that more milk will be produced to sell thus earning higher profits to get ahead with the family having gone through very difficult times thinking she might leave her children orphaned.
View original language description ↓
La solicitante lucia solo curso hasta primaria es casada en la comunidad colchani y tiene hijos de edad de escolares ,ella tiene su casa y terrenos en la misma comunidad de colchani que esta en Patacamaya con lo que tiene parcela de terreno a sembrar papa, zanahoria haba y otros productos que así fue mejorando su producción y vende en la Ciudad de La Paz y en el misma localidad de Patacamaya .lo que paso con ella fue que en un viaje que realizo para ir a vender sus productos junto a su niña le paso que se enfermo y no podían dar con el origen ni la razón de la enfermedad , el esposo tuvo que vender algunos de sus ganados y productos para curar la enfermedad de la esposa y como no tienen muchos recursos económicos , por el cual el crédito es para la compra de ganado mejorado y así le pueda rendir mas leche para comercializar la producción y así obtener mejores ganancias para poder sobre salir adelante junto a su familia ya que paso momentos muy desagradables al pensar que tenia que dejar a los hijos huérfanos.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,549,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Lucia to buy dairy cattle.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 22, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013