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Elena
The borrower, Elena, is a woman of 24. She is married to Francisco. Her business activity is producing raw milk, for which she now has two head of milk cattle in production and one in gestation. She makes soft cheese from the milk that is produced. At the present time she lives in the southern zone of Cochabamba, about 10 km from the city of Cocahbamba. The house where she lives is hers and her family's. She lives with her husband and children. The new loan from the institution is destined for the purchase of more milk cattle to increase her income through selling cheese, and in one way or another she will be able to met the needs that she has in her home.
View original language description ↓
La cliente, Elena, es una señora de 24 años de edad, esta casada con el señor Francisco, la cliente se dedica a la producción de la leche cruda, en donde actualmente tiene 2 cabezas de ganado lechero en producción y 1 en gestación, y la leche que produce la cliente elabora quesillo, actualmente la cliente vive por la zona sur de la ciudad de Cochabamba, aproximadamente a 10 km de la ciudad de Cochabamba, la casa donde vive la cliente es propia y de su familia, la cliente vive con su esposo y sus hijos, el destino del nuevo crédito de la institución es para la compra de cabeza de ganado lechero, para aumentar sus ingresos por la venta de quesillo, y de alguna u otra manera podrá satisfacer sus necesidades que tiene en su domicilio.

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,043,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Elena to buy cattle.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2014