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Nelly Elva
Nelly has worked from a very young age in agricultural activities, parallel to her primary and secondary studies. Her studies ended with high school; unfortunately she was not able to continue with further studies due to a lack of economic resources. A few years after finishing high school she met her current partner, with whom she has a 3-year-old dependant. Although they live in one of her mother's houses, their goal is to be independent. In order to achieve this they are seeking to increase their income. The family worked together to be able to afford an agricultural plot. After much effort they succeeded in buying two plots, on which they grow bananas, frying plantains and other crops. However, in order to keep investing in their crops they need more funds. For this reason the couple approached CIDRE to request a KIVA loan, and thus be able to increase their crop.
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Nelly trabajo de muy corta edad realizo actividades agrícolas, paralelo a sus estudios de primaria y secundaria, al culminar sus estudios en el colegio, lamentablemente no pudo seguir con estudios superiores por falta de recursos económicos, a los pocos años de terminar el colegio conoció a su actual pareja, tienen un dependiente de 3 años aun viven en una de las casas de su madre su objetivo es poder ser independientes para esta finalidad buscan mejorar sus ingresos económicos, la familia en conjunto trabajo bastante para comprarse una parcela agrícola después de mucho esfuerzo y trabajado lograron la compra de dos parcelas agrícolas, en las que tienen plantaciones de Banano, plátano de freír y otros cultivos, sin embargo para poder seguir teniendo inversión es sus cultivos requieren de una fondos mas altos, por esta razón la pareja se aproximó a inmediaciones del CIDRE para solicitar un crédito KIVA y así poder ampliar sus cultivos de banano.

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
  • 133
    View loans »
    Bolivia Loans Fundraising
  • $29,669,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Nelly Elva to expand her plantain crop.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014