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Nazaria
Nazaria is very poor and single. She has three children who depend on her income. Nazaria lives in the town of Challapata, in the province of Avaroa Oruro. She works selling chicken-based meals. Every weekend she also has a second job buying and selling 100lb bags of corn, potato starch and wheat. She does both of these jobs all year round. Nazaria is currently looking to improve her quality of life. She is applying for a loan to have working capital so that she can do more of here second job. Her family's efforts brought her to start doing this second type of work. Although the income she earns is not high - she can only pay living costs -, with the loan she will have more working capital and will be able to increase her sales. This will help her business to grow gradually.
View original language description ↓
LA SRA. NAZARIA ES UNA PERSONA DE CONDICIÓN HUMILDE, SOLTERA, TIENE3 HIJOS QUE DEPENDEN DE SU INGRESOS, VIVE EN LA LOCALIDAD DE CHALLAPATA PROVINCIA AVAROA ORURO, TRABAJA EN EL EXPENDIO DE COMIDA VENTA DE POLLOS TODOS LOS FIN DE SEMANAS, COMO SEGUNDA ACTIVIDAD SE DEDICA A LA COMPRA Y VENTA DE QUINTALES DE MAÍZ, CHUÑO Y TRIGO; AMBAS ACTIVIDADES SON CONTINUAS DURANTE TODO EL AÑO, ACTUALMENTE BUSCA MEJORAR SU CALIDAD Y NIVEL DE VIDA, EL CRÉDITO QUE SOLICITA ES PARA CAPITAL DE OPERACIONES Y ASÍ PODER INCREMENTAR MÁS SU SEGUNDA ACTIVIDAD ECONÓMICA, EL ESFUERZO DE SU UNIDAD FAMILIAR LE LLEVO A EMPRENDER ESTA SEGUNDA ACTIVIDAD, SI BIEN LOS INGRESOS QUE PERCIBEN NO SON GRANDES, SOLAMENTE LES ALCANZA PARA PAGAR SUS COSTOS DE VIDA. LA SEÑORA NAZARIA PODRÁ CONTAR CON MAYOR CAPITAL DE OPERACIONES Y PODER INCREMENTAR SU NEGOCIO DE ESTA MANERA SU EMPRENDIMIENTO IRA CRECIENDO GRADUALMENTE.

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
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Nazaria to have working capital.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014