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Mikaela
Mikaela is 20 years old, single, and the mother of one child. Her work involves the production of raw milk. She has seven dairy cows that are currently producing milk and three more that are pregnant in the city of Cochabamba.


Mikaela currently lives in the southern part of the city, which is approximately eight kilometers from the main area of Cochabamba. She lives at her parents’ house. This new loan from CIDRE will be used to buy a dairy cow and cattle feed. At the moment her milk production is very low, which means she is generating relatively little income. With this loan, she hopes to increase her earnings from this business.

View original language description ↓
Mikaela , tiene 20 años de edad, es soltera y es madre de un niño. Mikaela trabaja en la producción de la leche cruda, ella cuenta con 7 cabezas de ganado lechero en producción y 3 cabezas de ganado en periodo de gestación (preñadas) en la ciudad de Cochabamba. Actualmente Mikaela vive por la zona sur de la ciudad, aproximadamente a 8 km de la ciudad de Cochabamba, la casa donde vive Mikaela es de sus padres. El destino del nuevo crédito de la institución es para la compra de ganado lechero y la compra de alimento para ganado, en la actualidad la producción de la leche es muy poco y los ingresos que genera es relativamente muy bajo , de esta manera lograra aumentar los ingresos de su actividad.

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,670,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mikaela to buy a dairy cow and cattle feed.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014