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Nicolasa
Nicolasa, 57, is a single woman who never learned to read or write. She has no dependents and lives in her own rustic-style house in the community of Pocona. She earns a living as a farmer and produces annually some 50 loads of potatoes, 10 sacks of corn, 90 sacks of achocha plant, 50 sacks of peas and 15 loads of lima beans. She grows all of these crops on her own land in her community.

The loan being requested by Nicolasa is to rent farm land so she can increase production and improve her situation. She is in need of investment capital for her business so she can improve her finances and quality of life.
View original language description ↓
La señora Nicolasa, es una persona de 57 años de edad de estado civil soltera, la señora Nicolasa es analfabeta no sabe leer ni escribir, y no cuenta con dependientes económicos, vive en su propio domicilio de tipo rustico, su domicilio se halla situado en la comunidad de Pocona, su actividad económica es la agricultura en tal sentido menciona que produce anualmente; papa 50 cargas, maíz (choclo) 10 bolsas, achojcha 90 arrobas, arveja (verde) 50 arrobas, haba (verde) 15 cargas. todos estos cultivos los hace producir en sus propios terrenos agrícolas que se encuentran en la misma comunidad, la señora Nicolasa solicita el préstamo para poder alquilarse un terreno agrícola en el cual desarrollar su actividad y producir más, por lo tanto de esa manera tiene el deseo de poder superarse y para tal efecto se ven en la necesidad de solicitar capital inversión y de tal forma con la producción y venta de sus productos mejorar su situación económica y de tal forma también mejorar la calidad de vida.

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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Nicolasa to rent farm land.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 22, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2014