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Mercedes Irene
Mercedes is 55 years old. She is single. She did not have the opportunity to marry because she was taking care of her mother. She has a daughter who is now an adult and who is also a single mother. Her daughter moved to Argentina for economic reasons and left her daughter in her care. Mercedes earns a living making jumpers and skirts. She has 4 sewing machines, working at home until the late hours of the night in order to deliver her orders on time. She learned her skill because she had previously worked as a seamstress in a factory but they fired her without any reason. She thinks it might have been because of her age.

Because the client has to maintain her granddaughter and it is nearing the end of the year when she receives more orders, she wants to invest the money to buy more material to make her products and to perform maintenance on her machines in order to improve her income and her family's quality of life.
View original language description ↓
Mercedes, tiene 55 años es soltera ya que por cuidar a su mamá no tuvo la oportunidad de casarse tiene una hija la cual ya es mayor también mamá soltera, pero por motivos económicos se fue a la Argentina así que dejo le dejó su hija a cargo. Mercedes se dedica a la fabricación de busos y poleras para lo cual tiene 4 maquinas de cocer con lo que trabaja en su domicilio hasta altas horas de la noche para poder entregar a tiempo sus pedidos, ella aprendió su oficio por que antes trabajaba en una fabrica de costura pero la despidieron sin motivo alguno , se supone que tal vez fue por la edad, como la cliente tiene que mantener a su nieta y se acerca fin de año donde recibe mas pedidos quiere invertir el dinero para comprar mas material para la fabricación de sus productos y hacer mantenimiento de sus maquinas para así mejorar sus ingresos y la calidad de vida de su familia.

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
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mercedes Irene to buy material to make clothing.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014