Update on NatalyNataly, a humble person, is the mother of one son and is married.
For the past nine years she has grown potatoes and her husband is a taxi driver.
They need the loan to buy chemical fertilizers to grow grapes. They started this one year ago.
They have spent money on home construction which now gives them more comfort and their son can study and has a place to do his homework.
This loan will help them with their economic development and allow them to have higher incomes and in this way improve their lives. Thus will allow their family to grow in a comfortable and opportune way.
Previous Loan DetailsNataly is 25 years old and lives in the home of a family member in the barrio of Villa Fatima in the city of Tarija. She is not married but she has a son. Nataly has worked for more than 2 years as a radio operator for a taxi drivers union. Nataly wants to improve her income in order to offer... More from Nataly's previous loan »
About CIDRECIDRE 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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