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Mary Luz
The client, Mary Luz, 32, has no dependent children but she's responsible for her siblings because she's the only family they have. She lives in the province of Colcapirhua in Cochabamba, in the northern area. Persistent in her goals, she studied biochemistry and graduated with very good grades in spite of the fact that her parents died 12 years ago. She has two siblings who are still in school and are very good students.

She makes a living producing raw milk, all of which she sells to the PIL milk factory.

The reason for the current loan is to be able to buy soybean husk to feed her cows, which represent an income to be able to help her siblings get ahead and also study in the university.
View original language description ↓
La cliente la señora Mary Luz tiene 32 años de edad, no tiene hijos dependiente, pero está a cargo de sus hermanos dado que ella es la única familia que tienen, vive en la provincia Colcapirhua de Cochabamba en la zona norte, perseverante con sus metas, a pesar de que sus padres murieron hace ya 12 años, ella estudio la carrera de Bioquímica de la cual es egresada con muy buenas calificaciones, tiene 2 hermanos los cuales están aún en edad escolar y son muy buenos alumnos, se dedica a la producción de leche cruda la cual es entregada en su totalidad a la fábrica de leche PIL, el motivo del presente crédito es para poder comprar cascara de soya, para así poder alimentar a sus vacas las cuales representan un ingreso para poder ayudar a sus hermanos a salir adelante y que ellos también puedan estudiar una carrera en la universidad.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mary Luz to buy soybean husk to feed her cows.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013