Check out other loans that are currently fundraising!
Ana Maria
María, 45, works making cakes that she sells in the street. She lost her parents when she was very little and spent her childhood with her godparents, Lucho and Maura, who supported her cake-making courses. Since she was little, María enjoyed baking cakes so she had the necessary skills to start her business. She’s been married to José Benito for ten years and they have five children: Piter, 10, Ana, 8, José, 6, Julia, 3 and Adrián, 1, who got sick with a stomach infection and the family has no medical insurance so they spent all their working capital to cure their son’s illness. The present loan is precisely for working capital: to buy flour, eggs, yeast, flavoring agents and others needed very urgently to make cakes and go out and sell them.
View original language description ↓
Doña maría tiene 45 años de edad se dedica a la elaboración de pasteles que comercializa en la calle, desde muy pequeña doña María perdió a sus padres, vivió toda su infancia con sus padrinos Don Lucho y Doña Maura los cuales le apoyaron en sus estudios para la elaboración de pasteles, de muy pequeña doña María le gustaba la elaboración de pasteles es por ese motivo teniendo los conocimientos necesarios emprendió su negocio, está casada con Don José Benito hace 10 años, y tienen 5 hijos Piter de 10 años, Ana de 8 años , Jose de 6 años , Julia de 3 años y el menor Adrián de 1 año, el cual se enfermó de una infección estomacal, la familia no cuenta con seguro médico motivo por el cual gastaron todo su capital de operación para curar la enfermedad de su hijo. El presente crédito es justamente para su capital operación compra de Harina, Huevos, Levaduras, saborizantes y otros que necesitan con suma urgencia para poder elaborar los pasteles y salir a comercializarlos.

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

  • $5,500
    Average annual income
  • 182
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ana Maria to buy flour, eggs, yeast and flavoring agents.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014