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Arminda
Arminda, age 30, is married and has three children. She lives in Chimore. She is a woman with a great desire to make progress together with her family.

Some time ago she used to grow bananas and oranges on farm land she has in Nueva Litoral. However, due to inclement weather her farm was flooded, and her production was damaged.

In spite of this, she keeps the hope of getting ahead. Her husband works with his vehicle in order to support their family when this type of bad weather affects her farm.

She is now requesting the loan to buy a power tool for cutting weeds and for maintenance on her farm.

In time, she will later be able to get another farm in a more stable place. This way she will improve her production and avoid this type of inclement weather. This way she will lead a more peaceful life with her family.
View original language description ↓
Doña Arminda, una señora de 30 años de edad, casada, madre de tres hijos vive en la población de Chimore. Una mujer con ganas de progresar junto a su familia. Cuenta con un lote agricola en la población de Nueva Litoral donde hace un tiempo atrás cultivo platano y naranja pero por inclemencias del tiempo, su chaco sufrio una inundación que deterioro su producción. Pero a pesar de eso, ella mantiene la esperanza de salir adelante. Su esposo trabaja con su movilidad, para sustentar a su familia cuando sucede este tipo de inclemencias por la ubicación del chaco. Ella ahora solicita el prestamo para la compra de una motorozadora y el mantenimiento de su chaco. Para despues con el tiempo ella pueda adquirir otro chaco en un lugar más estable y mejorar su producción, y evitar este tipo de inclemencias. Y así llevar una vida más tranquila junto a 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

  • $5,500
    Average annual income
  • 233
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Arminda to buy a power tool for cutting weeds and for maintenance on her farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014