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Marina
Marina is 32 years old and lives with her husband. They have three children who are dependent on them, two of whom are studying in school, one in first grade, the other in third. Her last son is still a baby who needs a lot of her care. Currently, she is planting corn, raising and selling free-range chickens, and on Saturdays, she earns money on farms plucking chickens. Marina’s daily life is selfless and exhausting because she has several activities she must attend to. The income she earns is not enough to cover the costs of feeding her family. For this reason, she decided to ask for a loan in order to increase her corn harvest and take advantage of available land. With this investment, she wants to improve her income which will allow her to improve her and her family’s quality of life.
View original language description ↓
La señora Marina tiene 32 años de edad, vive con su esposo, tienen tres hijos que dependen de ellos, dos de ellos se encuentran estudiando en la escuela uno está en tercero básico y el otro está en primero básico, su ultimo hijito es todavía un bebe que necesita mucho cuidado de ella. Actualmente ella se dedica a la siembra de maíz, cría y venta de gallinas criollas y también los días sábado de cada semana va a ganarse en las granjas pelando pollos, el diario vivir de la Señora Marina es muy sacrificado y agotador ya que son varias actividades que tiene que atender. Los ingresos que obtienen no son suficientes para cubrir los gastos de la alimentación de su familia, por ese motivo ella tomo la decisión de solicitar un crédito para aumentar la siembra de maíz, aprovechando la disponibilidad de su terreno, Con esta inversión ella quiere mejorar sus ingresos que le permitirá mejorar su condición de vida de 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
  • 87
    View loans »
    Bolivia Loans Fundraising
  • $28,712,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marina prepare land for growing corn and purchase agrochemicals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 5, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013