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Martha
Martha is a single mother with two children who she is educating and who help with her daily work as a seamstress. She studied until the fourth grade, then entered an institute where she learned to make traditional Bolivian garments. She has been doing this work for seven years. She has a small stand in the 15th of April market, where she opened her small store of handmade clothing. Martha is a responsible person who is dedicated to her work and to her children. Because she is responsible with her customers, she is sought after for making suits and she has regular customers. In order to increase her income, Martha needs to buy more fabric and she does not currently have sufficient funds to do so. This is why she requesting a loan for the second time. This way, she will be able to increase her income and improve her family's quality of life.
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Dona Martha es madre soltera tiene 2 hijos a los que educa y ayuda con el trabajo que realiza a diario como sastre, estudio hasta cuarto básico, pero entro a un instituto donde aprendió a confeccionar prendar para cholitas, hace 7 años que se dedica a esta actividad tiene una caseta en el mercado 15 de abril donde abrió su pequeña tienda de ropa confeccionada ella es una persona responsable y dedicada a su trabajo y a sus hijos, el ser responsable con sus clientes hace que sea buscada para el confección de trajes, tiene ya clientes fijos, para incrementar sus ingresos económicos necesita comprar mas tela de costura y actualmente no cuenta con dinero suficiente para hacerlo, por este motivo el cliente quiere solicitar por segunda vez un crédito KIVA, así podrá incrementar sus ingresos económicos y mejorar su nivel 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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Martha to buy raw materials (fabric).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013