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Vivian
Vivian began working and became a common-law wife at an early age. Previously she made handicrafts from plantain leaves and cork, but the work was not profitable because the artisans were not organized. This undermined her micro business. Later, she sold prepared food for a few years, but she gave this up because she had a difficult pregnancy. A few years ago, she started her restaurant business again in her house and added a bar offering alcoholic drinks. She will use the loan to buy a freezer and furnishings to expand her restaurant so that she can earn more income for her family.
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La señora Vivian trabajo desde muy joven, se concubino a corta edad, antes trabajaba como artesana en la que elaboraba artesanías en hoja de plátano y corcho , esta actividad no resultó muy lucrativa por que los grupos de artesanos no se organizaron, esto perjudico la funcionalidad de la microempresa, después llegó a trabajar con la venta de comida por unos años, dejó esta actividad porque tuvo un embarazo delicado, en los últimos años nuevamente inicio con los servicios de restaurante y expendio de bebidas alcohólicas en un bar restaurant, ubicado en el domicilio actual en el que vive. El destino del crédito es compra de una heladera y enseres para ampliación de su restaurante y así podrá mejorar sus ingresos económicos para 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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Vivian to buy a freezer and furnishings.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2014